News list for "Powell line"
Trump: Powell was too slow to be fired quickly
US President Donald Trump said on social media that he expected the European Central Bank to cut interest rates for the seventh time. However, Federal Reserve Chairperson Jerome Powell acted "too late", and he always acted too late and made wrong decisions. Yesterday's speech was a classic and utter "mess"! The oil price is down, so are the prices of groceries, and the US is profiting handsomely from tariffs. The Fed should have lowered interest rates like the ECB did long ago. It should have do...
2025-04-17 10:22:12
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