Summary
- U.S. President Donald Trump strongly criticized Fed Chair Jerome Powell.
- President Trump said the Fed's interest-rate policy and Chair Powell's responses are obstructing economic recovery.
- Recently, President Trump pointed out that delayed interest-rate cuts are having a negative impact on the economy.
U.S. President Donald Trump again strongly criticized Jerome Powell, chair of the U.S. Federal Reserve (Fed).
On the 1st (local time), President Trump said on his social media Truth Social, "I sincerely believe Jerome 'Too Late' Powell is an Obstructionist."
Since taking office, President Trump has repeatedly criticized the Fed's interest-rate policy and Chair Powell's responses, and recently reiterated that delayed interest-rate cuts are hindering economic recovery.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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