Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Cramer to Trump: More US companies blame tariffs than the Fed for the slowing economy
Companies are blaming President Donald Trump's use of tariffs, not Federal Reserve rates, as the reason behind the slowing U.S. economy, CNBC's Jim Cramer said Friday.
"Most of the companies I've talked to, Mr. President, are saying [the slowdown] is because of your tariffs," Cramer said on "Squawk on the Street." "I'm not hearing people blame the Fed as much as they're blaming tariffs."
Cramer's reaction was to Trump's tweets Friday morning, saying the central bank should end its "crazy" tightening moves.
Link to tweet
?s=20
Trump has been a vocal critic of the Fed and its chairman, Jerome Powell, whom he nominated, since central bankers raised interest rates four times last year. The president has repeatedly called for the Fed to cut rates.
https://www.msn.com/en-us/money/savingandinvesting/cramer-to-trump-more-us-companies-blame-tariffs-than-the-fed-for-the-slowing-economy/ar-AAEzFVE?li=BBnbfcL
1 replies
= new reply since forum marked as read
= new reply since forum marked as read
Hang-it up and find something else to do w/yourself Cramer!
Run while you can.
Der fuhrer is no one's friend and that includes YOU!
