#PowellRemarks

#PowellRemarks Urgent: collapses are multiplying in the markets after Powell's statements... and gold is falling sharply.

Trump said: "This is the perfect time to lower the interest rate," adding that Powell should "stop playing politics."

The Federal Reserve chairman did not directly respond to the president's statements but once again confirmed the central bank's independence and its mandate regarding inflation.

Powell stated: "The Federal Reserve is required to maintain stable inflation expectations."