Trump trashes Powell as ‘too late and wrong,’ hinting at Fed chairman’s ‘termination’

By Jack Birle | Washington Examiner

President Donald Trump took aim at Federal Reserve Chairman Jerome Powell Thursday morning, arguing he “should have lowered Interest Rates” and hinting at a looming “termination.”

Powell spoke at an event with the Economic Club of Chicago on Wednesday, arguing that “significant policy changes” pursued by the Trump administration may deviate from the Fed’s goals for the rest of the year. Less than 24 hours later, the president trashed Powell on a Truth Social post as the European Central Bank is set to cut interest rates.

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