Trump calls on Powell again: interest rates should be cut by at least 2 to 3 percentage points
President Trump posted on his social media platform "True Social" that "Mr. Too Late" Federal Reserve Chairman Jerome Powell will explain to Congress today why he refuses to lower interest rates. Europe has cut rates 10 times, while we have cut zero times. No inflation, economic prosperity - we should lower at least 2 to 3 percentage points. This will save the United States $800 billion annually.
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