Trump not dictating policy to the Fed: White House adviser

Thu 11 Oct 2018 at 17:44 International
NNA - President Donald Trump, who has sharply criticized the US central bank, is "not dictating" monetary policy to the Federal Reserve, a senior White House economic adviser said Thursday, AFP reported.

Speaking shortly after Trump lambasted the Federal Reserve for being "too aggressive" in raising interest rates, Larry Kudlow, head of National Economic Council, said the president was not trying to influence monetary policy.

"We know the Fed is independent. The president is not dictating policy to the Fed. He didn't say anything remotely like that," he said on CNBC.--AFP


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