President Trump criticized Federal Reserve Chair Jerome Powell, calling him a "major loser" and urging him to lower interest rates, citing decreased energy and food costs.
Trump believes the current lack of inflation warrants a rate cut, contrasting this with the Fed's previous decisions which he alleges were politically motivated.
This public pressure from the President comes amidst concerns about the US economy's fragility and follows Trump's previous attempts to explore the possibility of firing Powell. Show Less
