President TrumpDonald John TrumpWH Speaker: We are working with DHS and ICE to try to send undocumented immigrants to the Protected Cities. Trump says he has the right to send undocumented immigrants to protective cities. Sanders asks Trump to scrap his trading plan MORE On Sunday, the Federal Reserve said it had slowed the stock market and the economy, claiming that the stock market and GDP would be improved if the Fed had "done its job properly."
Trump claimed that the stock market would be "around 5,000 to 10,000 extra points" and GDP "well over 4%".
If the Fed had done its job properly, which it did not, the stock market would have gone up by 5,000 to 10,000 extra points, and GDP would have been well over 4% instead of 3% … almost without inflation. Quantitative tightening was a murderer, should have done exactly the opposite!
– Donald J. Trump (@realDonaldTrump) April 14, 2019
Trump has repeatedly attacked the US Federal Reserve and has often criticized the central bank for raising interest rates.
"If the Fed had not mistakenly raised interest rates, especially as inflation is very low and they have not made the ridiculously fixed quantitative tightening, GDP would have been 3.0% and the stock market would have been much higher and world markets would be better in sight Place!" he tweeted at that time.