Trump says it is incredible that the Fed is considering hiking interest rates again

U.S. President Donald Trump speaks after signing bill H.R. 390, the Iraq and Syria Genocide Relief and Accountability Act of 2018, in the Oval Office of the White House in Washington, D.C., U.S., on Tuesday, Dec. 11, 2018. 

Yuri Gripas | Bloomberg | Getty Images

U.S. President Donald Trump speaks after signing bill H.R. 390, the Iraq and Syria Genocide Relief and Accountability Act of 2018, in the Oval Office of the White House in Washington, D.C., U.S., on Tuesday, Dec. 11, 2018.

President Donald Trump took another shot at the Federal Reserve on Monday, saying he thinks “it is incredible” that “the Fed is even considering yet another interest rate hike.”

 

The Federal Open Market Committee is meeting this week to set interest rates. The U.S. central bank is widely expected to raise rates after the meeting, which would be its fourth hike this year.

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