Reported about 22 hours ago
In a recent speech in South Korea, U.S. President Donald Trump once again criticized Federal Reserve Chairman Jerome Powell for not cutting interest rates fast enough, humorously labeling him 'Too Late' Powell. Trump expressed frustration over the Fed's cautious approach to inflation and predicted a robust 4% economic growth for the U.S. in early 2026, despite ongoing concerns about the impact of new import taxes. His comments highlight the ongoing tension between the Trump administration and the Federal Reserve regarding monetary policy.
Source: YAHOO