Trump Suggests Fed ‘Match’ China in Any Aid on Trade-War Impact

“China will be pumping money into their system and probably reducing interest rates, as always, in order to make up for the business they are, and will be, losing,” the president said in a tweet Tuesday. The president later told an audience in Louisiana that “with a little quantitative easing” U.S. growth would hit 5%, referring to the Fed’s emergency bond purchases following the 2008 crisis.

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