Trump assaults Powell: “Too slow in lowering rates” | EUROtoday

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The President of the United States, Donald Trump, has returned to assault the president of the Federal Reserve, Jerome Powell, who judges “too slow” in reducing rates of interest. “The ECB is expected to cut the interest rates for the seventh time, yet” Too Late “Jerome Powell of the Fed, which always moves too late and in a wrong way, yesterday published a relationship that has been another, and typical, complete” catastrophe “,” Trump wrote on his social reality. «Oil costs are falling, meals (even eggs!) Are falling and the United States are enriching themselves with charges. Too Late (as Trump calls Powell, editor’s word) ought to have decrease rates of interest, just like the ECB, way back, and may definitely decrease them now. The finish of Powell’s mandate won’t ever come fairly rapidly, “added Trump.