Trump Says Fed Chair Powell Should Cut Rates Right Now
Synopsis
Addressing reporters while participating in a lunch with the Trump Kennedy Center board members, President Trump called out Powell for what he termed as being “late” with easing interest rates.
President Donald Trump on Monday called on Federal Reserve Chair Jerome Powell to cut interest rates once again.
Addressing reporters while participating in a lunch with the Trump Kennedy Center board members, President Trump called out Powell for what he termed as being “late” with easing interest rates.
“He should cut interest rates; he should cut them right now. They should have a special meeting. What’s a better time to cut interest rates than now?” he said.
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