Summary
- President Trump relayed that Chair Powell said the US economy is doing well.
- President Trump stated that he believes Chair Powell will implement a rate cut.
- According to the overseas stock market news channel, President Trump's remarks reflected expectations for rate policy.
US President Donald Trump stated that he heard from Jerome Powell, Chair of the Fed, that "the US economy is doing well."
According to Walter Bloomberg, an overseas stock market news channel, President Trump said, "Chair Powell told me that the economy is strong." He also added, "I believe Powell will cut rates."
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
