#TrumpVsPowell
The financial world is holding its breath. Who will win this chess match — a politician or a banker?
The storm is brewing at the highest level: Donald Trump is once again attacking the head of the Federal Reserve, Jerome Powell!
"He is always late. He is always wrong!" — with these words, the former president of the United States lashed out at the country's chief banker. He added: "His resignation should happen as soon as possible!"
Trump believes that Powell is too slow in lowering interest rates, while Europe has already eased monetary policy seven times, spurring economic growth.