Trump criticizes the Federal Reserve, hoping the president will have a say in interest rates

ChainCatcher news, according to Jinshi reports, Republican presidential candidate Trump stated on Thursday that the president should have some say over interest rates and monetary policy, marking his clearest stance on the independence of the Federal Reserve to date. This move would contradict the Federal Reserve's long-standing practice of being independent from political entities.

At a press conference held at his Mar-a-Lago club in Palm Beach on Thursday, Trump said, "I think, for me, I've made a lot of money. I'm very successful, and I think, in many cases, my instincts are better than those of the people at the Federal Reserve or the Federal Reserve Chairman. "

Trump criticized Federal Reserve Chairman Powell, saying he has been "either a bit too early or a bit too late" in adjusting interest rates.