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Trump criticizes Powell for saying the FOMC should take action

Internet reports that Trump posted that the housing market was lagging due to Powell's refusal to lower interest rates. Families are hurt by interest rates that are too high, and even our country itself has to pay higher rates than it should be. Our interest rates should be three percentage points lower than they are now, which would save the entire country $1 trillion a year. Powell, the stubborn fellow, just doesn't understand, never does, and will never understand. The council should take action, but they don't have the courage to do so!

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