Trump Critiques Federal Reserve's Economic Growth and Inflation Targets

Trump Critiques Federal Reserve's Economic Growth and Inflation Targets

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President Trump has voiced strong criticism against the Federal Reserve, asserting that a 'horrible derangement syndrome' regarding growth and inflation has influenced the central bank. In a recent interview, Trump rejected modest economic projections, advocating for the U.S. to aim for double-digit GDP growth, specifically 12% to 13%, rather than settling for a conventional 4%.

President Trump is rejecting modest economic targets and insisting the U.S. can achieve explosive double-digit GDP growth instead of settling for 4%. In a new interview with CNBC, Trump challenges the idea that U.S. growth is capped at conventional levels. “There’s no reason we should stop at 4%. We should be at 12% and 13% […]

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