US President Donald Trump has called for a weaker dollar. Is the Federal Reserve cutting interest rates to give him what he wants? Photo: AFP
Opinion
Opinion
The View
The Federal Reserve should not be helping the US become a closet currency manipulator
- The US central bank does not have a strong case for a rate cut and a looser policy. With a widely expected rate cut imminent, the Fed chief might be bowing to pressure from Donald Trump to weaken the dollar
US President Donald Trump has called for a weaker dollar. Is the Federal Reserve cutting interest rates to give him what he wants? Photo: AFP