Trump: Powell Should Cut Rates Immediately and Is Considering Major Legal Action Against Him
According to a report by Jinse Finance, U.S. President Trump posted on social media, stating: “Mr. ‘Too Late’ Powell now has to cut interest rates. He always acts too late, and the damage caused is immeasurable. Fortunately, the economic situation is very good, and we have already overcome Powell and the complacent committee. However, I am considering allowing a major lawsuit against Powell because his work in managing the construction of the Federal Reserve building has been absolutely terrible and extremely incompetent. Three billion dollars were spent on a project that should have cost only fifty million dollars to fix. This is not good!”
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
ECB’s Dolenc says central bank may not have to do as much if markets tighten
BlackRock CEO Larry Fink warns: AI infrastructure has become the backbone of the US economy, halting data center construction will trigger a recession
BlackRock CEO Larry Fink has issued a rare recession warning, stating that if the United States imposes any form of moratorium on data center construction, the economy will plunge directly into recession. As the midterm elections approach, the construction of AI infrastructure has escalated from a business issue to a political bombshell. Analysts predict that AI capital expenditures could surpass 1 trillion dollars by 2027. Any disruption in policy would trigger a chain reaction impacting the supply chain, job market, and energy industry.
BTC market dominance rises to 60.46%
AI Debt Glut May Be Pushing Up US Government Borrowing Costs, BondCliQ CEO Says
Crypto prices
More
