ECB action, hit by Trump as ‘hurting U.S. exports,’ ups pressure on Fed

September 12, 2019 admin Business News Comments Off on ECB action, hit by Trump as ‘hurting U.S. exports,’ ups pressure on Fed

The European Central Bank’s move to cut interest rates and restart a larger stimulus program drew fast reaction from the White House on Thursday, with President Donald Trump saying the ECB was undercutting the value of its currency and “hurting U.S. exports.”

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Source:: Reuters – Business News