Summary
- President Donald Trump said that the timing for a rate cut is already too late.
- Trump expressed that the Fed's rate policy should have been cut a year earlier.
- These remarks indicate that the timing and decision of monetary policy can significantly affect investment.
According to the economic news account Walter Bloomberg on the 22nd (local time), former U.S. President Donald Trump stated, "Fed Chair Jerome Powell is already too late in signaling a rate cut," and added, "The rates should have been cut a year ago."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
