Trump: Powell refuses to cut interest rates, American families are being hurt

BlockBeats News: On July 23rd, US President Trump posted on his personal social media platform, stating that "our country's housing problem is lagging behind because 'Mr. Too Late' Powell refused to cut interest rates. Families are being hurt because interest rates are too high, and even our country itself is paying higher interest than it should be - all because of this' Mr. Too Late '. Our interest rates should have been three percentage points lower than they are now, which could have saved the country $1 trillion annually. This stubborn guy doesn't understand at all - he didn't understand before, and he won't understand in the future. The Federal Reserve Board should take action, but they don't have the courage to do so