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Trump is at it again with Powell!

Just now, Trump took to social media: "Federal Reserve Chairman Powell is going to Congress today to 'hand in homework', explaining why he insists on not cutting interest rates!

Europe has already cut rates 10 times, and the U.S. is just staring! Now there's no inflation and the economy is doing great; cutting rates by 2 to 3 percentage points is a piece of cake!

Let's do the math, it could save the U.S. $800 billion a year; it's money that shouldn't be left on the table!" Can the Federal Reserve really withstand Trump's pressure this time?

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