Trump criticizes Powell, says FOMC should take action
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Planet Daily News: Trump posted, saying: "Due to Powell's refusal to lower interest rates, the housing market has experienced a slowdown. Families are being hurt by excessively high interest rates, and even our country itself is forced to pay higher rates than it should. Our interest rates should be three percentage points lower, which would save 1 trillion dollars for the entire country each year. Powell, this stubborn guy, simply doesn't understand and never will understand. The board should take action, but they lack the courage to do so." (Jin Shi)
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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