Trump Attacks Again: Powell Will Never Understand, FOMC Lacks Courage!
Recently, Trump has been clashing with the Federal Reserve, with both sides holding firm. Let's take a look at what’s going on:
On Wednesday, Trump posted that the housing market is lagging due to Powell's refusal to lower rates. He stated: "Families are hurting because rates are too high, and even our country itself has to pay higher rates than it should. Our rates should be three percentage points lower than they are now, which would save the entire country $1 trillion each year. Powell, that stubborn guy, just doesn't get it, never has, and never will. The board should take action, but they don't have the courage to do so!"
