The Federal Reserve sent some important signals this week about the state of the U.S. economy. WSJ's Gerald F. Seib explains why that spells good news and bad news for President Trump. Photo: GettyPresident Trump on Friday repeated his call for the Federal Reserve to cut interest rates and said it should restart buying assets to stimulate growth. “In terms of quantitative tightening, it should absolutely now be quantitative easing,” he told reporters. Fed officials bought trillions of dollars’ worth of Treasury and mortgage-backed securities...

Source: Wall Street Journal April 05, 2019 14:15 UTC