# 'I'm not thrilled': Trump blasts Fed for raising interest rates, not doing enough to help him boost economy | Financial Post

> President Trump said he was not thrilled with the Fed under Chairman Powell raising rates and urged more accommodation. He also accused China and Europe of manipulating their currencies, and the dollar edged down after the comments.

- Date: 2018-08-21 · published 2018-08-21T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/63699-i-m-not-thrilled-trump-blasts-fed-for-raising-interest-rates-not-doing-enough
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

Political pressure on the Fed adds uncertainty to the rate path and dollar direction, which feeds through to commodity prices and currency-linked import demand.

## Read by commodity

- DXY: bearish ▼
- USDCNY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-11-09 | [Oil rises as Biden wins, OPEC+ signals deal can be tweaked \| Financial Post](https://feedsoft.ai/events/11796-oil-rises-as-biden-wins-opec-signals-deal-can-be-tweaked-financial-post.md) | -0.1% | -1.7% |
| DXY | 2026-03-10 | [Yuan Rallies by Most Since May After PBOC Boosts Fixing Support - Bloomberg](https://feedsoft.ai/events/11464-yuan-rallies-by-most-since-may-after-pboc-boosts-fixing-support-bloomberg.md) | +0.5% | +0.8% |
| DXY | 2020-03-24 | [How the U.S. could intervene to weaken its surging dollar By Reuters](https://feedsoft.ai/events/6589-how-the-u-s-could-intervene-to-weaken-its-surging-dollar-by-reuters.md) | -2.3% | -2.4% |
| DXY | 2017-01-31 | [Euro spikes after Trump's trade adviser says Germany is using 'grossly undervalued' currency](https://feedsoft.ai/events/73173-euro-spikes-after-trump-s-trade-adviser-says-germany-is-using-grossly.md) | -0.6% | -0.6% |
| DXY | 2017-08-31 | [Import duties for maize, sorghum and rye updated \| AGENCE EUROPE](https://feedsoft.ai/events/69511-import-duties-for-maize-sorghum-and-rye-updated-agence-europe.md) | -1.4% | +0.8% |
| USDCNY | 2022-09-26 | [China acts to rein in yuan slump, poised to raise FX risk reserve ratio By Reuters](https://feedsoft.ai/events/7212-china-acts-to-rein-in-yuan-slump-poised-to-raise-fx-risk-reserve-ratio-by.md) | -0.2% | +1.9% |
| USDCNY | 2022-04-27 | [China economy: Central bank tries to slow weakening yuan vs US dollar](https://feedsoft.ai/events/4947-china-economy-central-bank-tries-to-slow-weakening-yuan-vs-us-dollar.md) | +0.8% | +1.5% |
| USDCNY | 2026-03-10 | [Yuan Rallies by Most Since May After PBOC Boosts Fixing Support - Bloomberg](https://feedsoft.ai/events/11464-yuan-rallies-by-most-since-may-after-pboc-boosts-fixing-support-bloomberg.md) | -0.2% | -0.4% |

## Sources

- financialpost.com: https://financialpost.com/news/economy/im-not-thrilled-trump-blasts-fed-for-raising-interest-rates-not-doing-enough-to-help-him-boost-economy

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.