US President Donald Trump says 'not thrilled' about US interest rate hikes
Updated : July 19, 2018 11:31 PM IST
Trump added that he was concerned that the Fed's rate hikes may put the United States at a "disadvantage" while the Bank of Japan and the European Central Bank keep their monetary policy loose, CNBC said.
The US dollar index cut its gains after Trump's comments that the strong dollar "puts us at a disadvantage," while yields on US Treasury securities hit session lows.
US stock prices briefly pared losses after Trump's comments on interest rates.