5 Articles
5 Articles
U.S. President Donald Trump criticized the Federal Reserve's interest rate hikes and claimed the possibility of 20% GDP growth. However, according to statistics from the U.S. Department of Commerce, such a figure has not been achieved since 1947, except immediately after the COVID-19 outbreak, and U.S. growth in the second quarter of this year was 1.5%, indicating a significant discrepancy with reality.
JUST IN: President Trump says US GDP growth could be up to +20% PERCENT if the Fed just got out of the way
"We could have a GDP of 14, 15, 16 and 20. But every time you do well, we just announced great numbers and so now they're talking about raising interest rates, it's RIDICULOUS because success and growth does not cause inflation!""If we announced...
Trump Claims U.S. Growth Could Hit 20%
“President Donald Trump said Monday that the U.S. economy could grow at rates as high as 20%, while arguing that even such rapid growth should not prompt the Federal Reserve to raise interest rates,” CNBC reports. Said Trump: “We could have a GDP of 14, 15, 16 and 20. Success in growth does not cause […]
Donald Trump said the U.S. economy could reach growth rates of up to 20%, although recent data show much more moderate expansion and inflation still higher than the Federal Reserve's target.
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