Trump: Powell Refuses to Cut Interest Rates Again, Unsuitable for Fed Chair
BlockBeats News, July 31st, Trump said, "Powell has not cut interest rates again. His action is too late, and in fact, he is too angry, too foolish, and too politicized to serve as Fed chairman." (Kyodo News)
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.
Trump Inspects Fed Headquarters Renovation Site, Engages in Public Debate with Fed Chair Powell on Renovation Costs Issue, Trump Criticizes Budget Overrun, Powell Counters Trump by Pointing Out Trump's Inclusion of Completed Projects in Current Budget.