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White House: Fed's Rate Hike Decision 'Quite Regrettable'

White House spokesperson Kush Desai said, "From the administration's perspective, the Fed's rate hike decision today is quite regrettable and lacks a particularly compelling economic basis." When asked…

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White House spokesperson Kush Desai said, "From the administration's perspective, the Fed's rate hike decision today is quite regrettable and lacks a particularly compelling economic basis." When asked whether President Trump still believes in the independence of the Fed Chair, Desai responded, "Of course."

Original: https://wallstreetcn.com/articles/3781922

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