ChainCatcher news, according to Jinshi, Republican presidential candidate Trump said on Thursday that the president should have some say in interest rates and monetary policy. This is his most explicit statement on the independence of the Federal Reserve so far. This move will go against the Fed's long-standing practice of independence from political actors.
Trump said at a press conference at his Mar-a-Lago Club in Palm Beach on Thursday: "I think, for my part, I've made a lot of money. I'm very successful, and I think that in many cases, my instincts are better than those of the people at the Federal Reserve or the chairman of the Federal Reserve."
Trump criticized Federal Reserve Chairman Powell, saying that he was "either a little too early or a little too late" in adjusting interest rates.