NEW YORK, Nov. 12-- U.S. President Donald Trump on Tuesday criticized Federal Reserve's monetary policies, saying central bank's hesitation in lowering the interest rates capped gains in U.S. economy and stock market. In a speech delivered at the Economic Club of New York, Trump emphasized the country's economic strength, citing improving labor market data. He said his administration has delivered on its promises and exceeded expectations on the U.S. economy, "despite the near-record number of rate increases and quantitative tightening by the Federal Reserve" since he won the presidential election. |