Trump Complains Again About Fed, Calling Rates ‘Rapidly Raised’

President Donald Trump renewed his complaints about Federal Reserve interest-rate increases, calling borrowing costs “rapidly raised” even though the central bank’s pace of hikes has been markedly slower than in previous decades.

“Economic numbers looking REALLY good. Can you imagine if I had long term ZERO interest rates to play with like the past administration, rather than the rapidly raised normalized rates we have today,” Trump tweeted on Tuesday morning. “That would have been SO EASY! Still, markets up BIG since 2016 Election!”

While U.S. stocks are still up since Trump’s election in November 2016, they’ve plunged from a record reached in September. Trump has repeatedly complained about the Fed’s rate hikes and sought to pin blame for stocks’ decline on the Fed and Chairman Jerome Powell, whom Trump has discussed firing, Bloomberg reported last month. Powell said last week that he wouldn’t resign if Trump asked him to.