The Federal Reserve has issued a blistering report on the current state of the US economy, despite President Donald Trump constantly boasting about his achievements.
The US Central Bank says business optimism has fallen across the country because of uncertainty. The Fed says Trump’s tariffs have caused increases in costs which are felt by manufacturers, retailers and restaurants and this limits demand. Although, wage increases have been recorded, it has in turn caused rising costs in more industries. Trump has been a constant critic of the bank and repeatedly accused it of being a risk to the U-S economy.
Watch Live: http://www.presstv.com/live.html