Trump: The Federal Reserve should follow the example of the European Central Bank in cutting interest rates, Powell's actions are too slow

律动BlockBeats|Apr 17, 2025 10:24
BlockBeats News: On April 17th, Trump posted on Truth Social that he expected the European Central Bank to cut interest rates for the seventh time, but Federal Reserve Chairman Powell's action was "too late" as he always acted too late and made wrong decisions. Yesterday, his speech was once again a typical and complete 'mess'. Currently, oil prices are falling, food and grocery prices are also falling, and the United States is profiting greatly from tariffs. The Federal Reserve should have lowered interest rates a long time ago, just like the European Central Bank. This should have been done a long time ago, and now the Federal Reserve should definitely lower interest rates. Powell's dismissal cannot be too fast.
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