Trump: Powell is too slow to act and should have learned from the European Central Bank

CoinRank News: US President Trump said on social media that the European Central Bank is expected to cut interest rates for the seventh time, however, the action of Federal Reserve Chairman Powell is too late. He always acts too late and makes wrong decisions. His speech yesterday was a typical and complete mess. At present, oil prices are down, grocery prices are down, and the United States is profiting greatly from tariffs. The Fed should have lowered interest rates a long time ago, just like the European Central Bank. It should have been done a long time ago, and the Fed should definitely lower interest rates now. Powell cant be fired too quickly! (Jinshi)