Trump Vs. The Fed, Or Trump Vs... Trump?
Last week, President Trump told CNBC that he doesn't like the Federal Reserve's policy of gradually raising interest rates. In particular, he laments that rising interest rates will lead to a stronger dollar, potentially exacerbating the U.S. trade deficit.
The dollar has strengthened this year, but if President Trump wants to assign blame for the stronger dollar, then he should save most of it for his own agenda.
Josh Barro of Business Insider joins us to discuss.
Copyright 2021 NPR. To see more, visit https://www.npr.org.