Trump Calls on Powell Again: Interest Rates Should Be Cut by at Least 2 to 3 Percentage Points

BlockBeats News, June 24 — U.S. President Donald Trump posted on his social media platform "Truth Social," stating that "Mr. Too Late," Federal Reserve Chairman Jerome Powell, will testify in Congress today to explain why he refuses to lower interest rates. Europe has already cut rates 10 times, while we have done it zero times. There is no inflation, the economy is booming—we should cut rates by at least 2 to 3 percentage points. This would save the United States $800 billion annually. (Jin10)