Trump: The general consensus in the market is that the Fed should cut interest rates, but Powell is likely to "mess it up" again
BlockBeats News, May 17th. U.S. President Trump stated that the common view in the market is that the Fed should cut interest rates — but "Powell, who is always a step behind," is likely to mess it up again.
The Federal Reserve believes that the current economy has not fallen into a recession and does not need to stimulate demand through interest rate cuts.