August 8, 2019 / 2:49 PM / 13 days ago

Trump decries dollar's strength, blames the Fed

WASHINGTON, Aug 8 (Reuters) - President Donald Trump on Thursday again expressed dissatisfaction with the U.S. dollar’s strength, saying the Federal Reserve’s interest rates were harming American manufacturers.

“The Fed’s high interest rate level, in comparison to other countries, is keeping the dollar high, making it more difficult for our great manufacturers like Caterpillar, Boeing, John Deere, our car companies, & others, to compete on a level playing field,” Trump said in a series of tweets. (Reporting by Susan Heavey; Editing by Doina Chiacu)

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