#TrumpVsPowell

Trump renews call for interest rate cut, says rates would be lower if Fed chief Powell 'understood what he was doing'

President Donald Trump renewed his push for an interest rate cut on Friday, taking aim once again at Federal Reserve Chair Jerome Powell.

Speaking to reporters during an afternoon Q&A session, Trump suggested that interest rates would be lower if Powell “knew what he was doing,” highlighting recent examples of declining prices as part of his criticism.