Trump says Federal Reserve is like a golfer that can’t putt

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Federal Reserve Chairman Jerome Powell speak at a news conference in Washington, Wednesday, Dec. 19, 2018. The Federal Reserve is raising its key interest rate for the fourth time this year to reflect the U.S. economy’s continued strength but signaling that it expects to slow hikes next year. (AP Photo/Susan Walsh)

President Donald Trump says the only problem facing the U.S. economy is the Federal Reserve, which has raised its key short-term rate four times this year given the low unemployment rate and brisk pace of economic growth.
  
The president is tweeting that Fed officials “don’t have a feel for the Market, they don’t understand necessary Trade Wars or Strong Dollars or even Democrat Shutdowns over Borders.”
  
He adds, “The Fed is like a powerful golfer who can’t score because he has no touch — he can’t putt!”
  
Trump has argued that the Fed is hindering the economy through its rate increases, which are intended to prevent inflation from rising too high. His major target for criticism has been Jerome Powell, whom the president elevated to chairman early this year.

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