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Trump calls Powell again: Rate cuts should be cut by at least 2 to 3 percentage points

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Trump calls Powell again: Rate cuts should be cut by at least 2 to 3 percentage points

Foresight News According to Foresight News, US President Trump posted on his social media platform Truth Social that "Mr. Too late" Federal Reserve Chairman Jerome Powell will explain in Congress today why he refused to lower interest rates. Europe has cut interest rates 10 times, and we have zero. Without inflation, economic prosperity – we should reduce it by at least 2 to 3 percentage points. It will save the United States $800 billion each year.

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