Donald Trump Slams Federal Reserve in First Presidential Debate

Donald Trump repeated his claims that Federal Reserve Chair Janet Yellen is playing politics by keeping interest rates low, in Monday's first presidential debate.
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Donald Trump repeated his claims that Federal Reserve Chair Janet Yellen is playing politics by keeping interest rates low, in Monday's first presidential debate. "I don't agree [with Trump]," said Craig Erlam, senior market analyst with Oanda. "I think Janet Yellen and the Fed are doing what they believe to be the correct thing. It's a very difficult time to be a central bank right now." Erlam agreed that not raising rates is a signal that the economy isn't strong enough, which doesn't help the party in power. TheStreet's Scott Gamm reports from Wall Street.

Meanwhile, Brian Sozzi of Real Money, TheStreet's premium site for active traders, writes that Hillary Clinton's perceived win in last night's presidential debate is a win for Yellen. He adds that it's also a win for Wall Street, which loves current Fed policy. Click here to check Sozzi's column out.