《600 billion of anger | President Trump attacks 'Mr. Too Late' again, can the Federal Reserve hold steady?》

The political scene in the beautiful country is lively again, President Trump fires at 'Mr. Too Late' (Powell): not lowering interest rates is wasting 600 billion dollars, and claims he could do better if he were the chairman.

This isn’t just talk; behind it is a reality check: lowering interest rates = reducing debt interest = easier for the government. But the Federal Reserve is worried about inflation going off the rails, so they have remained inactive.

Trump shouts from afar, Powell responds calmly: You are anxious, that's your problem, I will continue to remain steady.

With moderate economic data and inflation expectations still in place, this 'war of words' is far from over.

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