Trump Pushes U.S. Federal Reserve For Rate Cuts, Criticizes Powell | EUROtoday

WASHINGTON, May 17 (Reuters) – President Donald Trump on Saturday stated in a social media put up the U.S. Federal Reserve ought to minimize charges “sooner, rather than later.”

Trump additionally criticized the top of the central financial institution, Jerome Powell.

“THE CONSENSUS OF ALMOST EVERYBODY IS THAT, ‘THE FED SHOULD CUT RATES SOONER, RATHER THAN LATER,’” Trump stated within the put up.

“Too Late Powella man legendary for being Too Late, will probably blow it again – But who knows???” Trump added.

(Reporting by Bo Erickson; Editing by Rod Nickel and Diane Craft)