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Trump: Better Fed policies would give economy 'rocket' boost

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May 1, 2019
Trump: Better Fed policies would give economy 'rocket' boost
President Donald Trump said Tuesday the economy would "go up like a rocket" with better policies from the Federal Reserve while the close political ally he hopes to put on its board faced more questions about his candidacy from female GOP senators based on his past writing about women. In a tweet, the president said that the economy, while doing well, would do even better if the Fed started cutting rates and provided "some quantitative easing," referring to the process the Fed used following the financial crisis to purchase bonds to lower long-term interest rates.