Telegram
Trump: How Good is Mario Draghi’s English?

Our headline is facetious but President Donald Trump ratcheted up the war of rhetoric with Federal Reserve Board chairman Jerome Powell. The president has never shied away from criticizing the Fed’s policy, and lately he has demanded the Fed cut rates by one percentage point. Trump has claimed he could remove Powell, though the legality of this is suspect.

Last week, the president compared him unfavorably with European Central Bank President Mario Draghi, and reiterated his view that the Fed is hurting the U.S. economy by allowing the dollar to get too strong. “We should have Draghi instead of our Fed person,” Mr. Trump said in an interview Wednesday with Fox Business Network. “Mr. Powell “is not doing a good job….He has to lower interest rates for us to compete with China.”

You are trying to access FSI member-only content.
You need to have an active FSI Macro, or FSI Pro subcription in order to read this article.
If you are already a member at FSInsight, please Sign In here. If you don’t have a subscription to FSInsight yet, you can sign up below.

Choose one of our yearly plans to save nearly 20%

We accept crypto via BitPay for yearly subscriptions.
    • Macro
      FSI Macro
      from
      $
      199
      /mo
      billed anually
      Get access to all the macro research on FSInsight
      • Tom Lee's Live Market BLASTs
      • View from Tom Lee
      • Signal From Noise
      • Portfolio Strategy
      • Technical Analysis
      • Granny Shots – Stock Ideas
      • US Policy
      • Live Conference Calls with Q&A
      First Month Free!
    • Crypto
      FSI Digital Assets
      from
      $
      99
      /mo
      billed anually
      Get access to all the crypto research on FSInsight
      • Tom Lee's Live Crypto BLASTs
      • Tom's Take on Crypto
      • Crypto Weekly Newsletter
      • BitDigest Daily Newsletter
      • Crypto Technical Analysis
      • Benchmark Indices Review
      • Bitcoin Valuation & Misery Indexes
      • Live Conference Calls with Q&A
      First Month Free!
    • Macro + Crypto
      FSI Pro
      from
      $
      249
      /mo
      billed anually
      Get access to all the exclusive research on FSInsight
      • Looking at code?
      • I am hidden!
      • FSI Macro
      • +
      • FSI Digital Assets
      • Designed by
      • HANGAR115
      • -
      First Month Free!
Disclosures (show)

Don't Miss Out
First Month Free

first 500 users only