#TrumpVsPowell

The financial world is holding its breath. Who will win this chess match — the politician or the banker?

A 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 delaying the interest rate cut, while Europe has already moved to ease monetary policy seven times, spurring economic growth.

In Trump's eyes, Powell's actions are holding back America and making it less competitive in the global race for growth.