Trump: Powell Refusing Interest Rate Cut, American Families Are Being Hurt

BlockBeats News, July 23rd, U.S. President Trump posted on his personal social platform, stating, "Our country's housing problem is lagging because of 'Mr. Too Late' Powell's refusal to cut interest rates. Families are being hurt because the rates are too high, even our country itself is paying higher interest than it should — all because of this 'Mr. Too Late'."

Our rates should be three percentage points lower than they are now, which would save the country $1 trillion a year. This stubborn guy just doesn't get it — didn't get it before, and won't get it in the future. The Federal Reserve Board should take action, but they don't have the guts to do it!"