Trump not happy about Federal Reserve raising interest rates

Baku. 27 September. REPORT.AZ/ President Donald Trump on Wednesday said he was not happy about the Federal Reserve’s decision earlier in the day to raise its benchmark interest rate, Report informs citing Reuters.

Fed policymakers lifted the benchmark overnight lending rate by a quarter of a percentage point to a range of 2.00 percent to 2.25 percent.

“We’re doing great as a country. Unfortunately, they just raised interest rates because we are doing so well. I’m not happy about that,” Trump told a press conference.