PANews July 22 news, U.S. President Trump talks about Powell: Anyway, he will be out soon. Trump also stated: Powell keeps interest rates at too high a level. The economy is strong. Interest rates should be lowered by 3 percentage points, or even lower, and should be maintained at 1%. Powell's policies are affecting the housing market.
U.S. Treasury Secretary Bessent also stated: The Federal Reserve should lower interest rates now. The Federal Reserve has undergone significant 'mission expansion,' leading to high government spending.