Trump Criticizes Powell, Says FOMC Should Take Action
According to Jinse Finance, Trump posted that the housing market has lagged because Powell refuses to lower interest rates. Families are suffering due to excessively high rates, and even our country is forced to pay higher interest than it should. Our rates should be three percentage points lower than they are now, which would save the entire nation $1 trillion a year. Powell, this stubborn guy, just doesn’t get it—never has, and never will. The board should take action, but they lack the courage to do so!
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