🇺🇸 Donald Trump:
If “Always Late” from the Fed (Jerome Powell) had started cutting rates, we would have significantly lowered interest on all debt — both short-term and long-term.
Joe Biden mostly borrowed short-term. Right now, there’s virtually no inflation, but if it returns — just raise the rate. It’s very simple!
He (Jerome Powell) is costing our country a fortune. Borrowing costs should be much lower!
✔️ Europe has already had 10 rate cuts — we’ve had none. Despite that, our country is doing great. Cut by a full point immediately — that would be real rocket fuel for the economy.
