Trump pressures Fed ahead of meeting, warns against ‘another mistake’


FILE PHOTO: U.S. President Donald Trump looks on as Jerome Powell, his nominee to become chairman of the U.S. Federal Reserve, speaks at the White House in Washington, U.S., November 2, 2017. REUTERS/Carlos Barria/File Photo

WASHINGTON (Reuters) – U.S. President Donald Trump on Tuesday continued to pressure the Federal Reserve the day the central bank was due to start its two-day policy meeting, warning the Fed’s board members not to “make yet another mistake,” and to “feel the market.”

“Don’t let the market become any more illiquid than it already is. Stop with the 50 B’s. Feel the market, don’t just go by meaningless numbers. Good luck!” Trump wrote

Reporting by Susan Heavey; Editing by Chizu Nomiyama



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