Trump urges Fed to restart quantitative easing

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President Donald Trump urged the Federal Reserve on April 5 to take steps to ease financial conditions to stimulate economic growth, in his latest and perhaps strongest attempt to influence the central bank’s policy path.  

Speaking to reporters, the president pressed the central bank to restart the unconventional tool used in the middle of the financial crisis – quantitative easing – to loosen financial conditions and spur economic growth.  

He also criticised the Fed’s interest rate policy

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