Trump questions the independence of the Federal Reserve: “I understand the economy better than they do.”

Washington, DC – In controversial remarks, US President Donald Trump reignited the debate surrounding the Federal Reserve, questioning its independence and competence in managing the American economy. Speaking at a press conference, Trump claimed to “understand the economy better than the Fed,” adding that the central bank’s decisions are often misleading and negatively impact citizens.

These comments come at a time when the US economy is facing increasing pressure. Expectations of interest rate hikes are growing, and concerns are mounting about slowing growth. Economists have described Trump’s remarks as “controversial and unprecedented” in the history of dealings with the Federal Reserve.