After heavy market losses, Wall Street faces its bleakest Christmas since the 1930s
Donald Trump has stepped up his pressure on America’s central bank to shelve plans for an expected increase in interest rates to prevent the bleakest December for Wall Street since the US was in the throes of the Great Depression.
After days of heavy stock market falls, Trump tweeted before New York trading opened on Tuesday to warn the Federal Reserve that it would be compounding previous mistakes if it continued to ratchet up US borrowing costs.
Continue reading...from US news | The Guardian https://ift.tt/2EDwyN8
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