Former Federal Reserve Chairwoman Janet Yellen doesn't believe President Trump fully comprehends economic policy or macroeconomics.
In an interview with Marketplace released Monday, Yellen said she doubts Trump "would even be able to say that the Fed's goals are maximum employment and price stability." She added that the president has made comments about trade that "shows a lack of understanding of the impact of the Fed on the economy and appropriate policy goals." When asked if she thinks Trump has a grasp of macroeconomic policy, she responded, "No, I do not."
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