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✍ As President Donald Trump doubles down on his theory that the Federal Reserve is the main reason the U.S. economy is slowing, Fed policymakers are starting to push back. In a series of tweets, Mr. Trump again attacked the U.S. central bank and its chairman, Jerome Powell, for not cutting interest rates enough, which the president maintains is stifling economic growth. But in notes from their July meeting, which were released on Wednesday, Fed policy makers repeatedly cited the Trump administration's growing trade war with China and other countries as the primary reason the U.S. economy is at risk. Fed officials also said trade uncertainties were an important factor in the recent drop in fixed business investment in the U.S., a key factor that Mr. Trump and his economic advisers have pointed to as evidence that the economy is stronger now than under President Obama. The Fed's account doesn't mention Mr. Trump directly. But the word trade shows up 32 times in the minutes, though not ...
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