Former U.S. President "Donald Trump" sharply criticized Federal Reserve Chairman "Jerome Powell", describing him as "always late", and called for an immediate interest rate cut. Trump said: "Jerome Powell needs to lower interest rates now, Steve Mnuchin introduced me to this loser as a great deal, but the damage caused by his constant delays is incalculable."

Trump added in a post on the social media platform "Truth Social" that the strength of the U.S. economy has allowed the country to surpass Powell and the "sluggish" board, as he described it, explaining: "Fortunately, the economy is so strong that we have surpassed Powell and the lazy board."