金色财经
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【Trump: Powell is a 'fool' A 200 basis point rate cut could save $600 billion a year】Golden Finance reported that Trump stated he does not plan to fire Federal Reserve Chairman Powell but referred to him as a 'fool' for not cutting interest rates. During a speech at an event in the White House on Thursday, Trump said that a 200 basis point rate cut could save the United States $600 billion a year. Trump said, 'We are spending $600 billion a year just because a 'fool' is sitting here saying, 'I don't see enough reason to cut rates right now.' Trump added that if inflation rises, he agrees with the Federal Reserve raising rates, 'but right now inflation is going down, and I may have to take some measures.'
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