According to BlockBeats, Trump once again criticized Federal Reserve Chairman Powell on social media Truth, stating that he should decisively lower interest rates. He said that cutting rates by one to two basis points could save the United States up to $1 trillion annually.
Trump pointed out that although his criticism may make it harder for Powell to cut interest rates, he has tried all mild measures, including polite, neutral, and tough attitudes. He criticized Powell for using future inflation risks as an excuse, as there is currently no inflation.
Trump questions why the Federal Reserve Board has not replaced Powell and states he may change his mind about whether to fire Powell, but since his term is ending, he is not in a hurry to act.