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Home » News » US President Donald Trump criticises Federal Reserve Chair Jerome Powell; here’s why

US President Donald Trump criticises Federal Reserve Chair Jerome Powell; here’s why

Jessica BrownBy Jessica Brown Business
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The president of the United States, Donald Trump, the tasks, once again, the tasks point to the president of the Federal Reserve, Jerome Powell, criticize their management of the interest rates policy in a publication on Truth Social.

In his statement, Trump referred to reports that the European Central Bank (ECB) is expected to implement its seventh interest rate, this with the most cautious approach to the Federal Reserve Bajo Powell.

Trump described Powell as “too late and bad,” accusing him of not constantly acting in a timely manner.

“Petroleum prices have dropped, the groceries, even for example, before, and the United States is enriching with tariffs,” Trump wrote. He argued that current economic indicators justify a reduction in interest rates and that the Federal Reserve should act Soner.

“Too late should have reduced interest rates, such as the ECB, a long time ago, but it should certainly reduce them now,” he added.

Trump concluded his position asking for the elimination of Powell, stating: “Powell’s termination cannot be quick enough.”

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