DONALD TRUMP SAYS THE FED MADE A BIG MISTAKE ON INTEREST RATE CUTS
In a recent meeting at the White House, President Donald Trump expressed to Federal Reserve Chairman Jerome Powell that in his opinion, the US Central Bank has made a mistake in its decisions regarding interest rates. Trump personally criticized the Fed's decisions regarding the monetary policy implemented, stating his disagreement with the direction of interest rates decided by Powell and his team. This statement further emphasizes the tension between the fiscal policy of the Trump administration and the monetary policy implemented by the Federal Reserve, which continues to be a controversial topic as Trump’s second term approaches.