Trump calls Powell again: interest rates should be cut by at least 2 to 3 percentage points
According to online reports, U.S. President Trump posted on his social media platform "Real Social" that "Mr. Too Late" Federal Reserve Chairman Jerome Powell will explain to Congress today why he refused to lower interest rates. Europe has cut interest rates 10 times, but we have cut interest rates zero. No inflation, the economy is prosperous-we should reduce it by at least 2 to 3 percentage points. It will save the United States $800 billion every year.
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