“Jay Powell and the Fed once again made a mistake. No courage, no feeling (reality. - RT ), no vision (situations. - RT ), ”Trump wrote on Twitter.
Jay Powell and the Federal Reserve Fail Again. No “guts,” no sense, no vision! A terrible communicator!
- Donald J. Trump (@realDonaldTrump) September 18, 2019Earlier, the Fed decided to lower the base rate to 1.75–2% from 2–2.25%.
Trump has repeatedly criticized the Fed. In his opinion, the decisions of the regulator put the country at a disadvantage in comparison with competitors.