U.S. President Trump said on social media that the ECB is expected to cut interest rates for the seventh time, however, Fed Chairman Powell's actions are "too late", he always acts too late and makes a wrong decision. His speech yesterday was a typical and complete "message" again! Oil prices are falling, grocery prices are falling, and the United States is making a lot of profits from tariffs. The Fed should have lowered interest rates long ago as the European Central Bank did. It was supposed to do this a long time ago, and now the Federal Reserve should definitely lower interest rates. No matter how fast Powell was fired, it was impossible to be too fast!
Trump: The Fed should have cut interest rates long ago, and the dismissal of Powell was not fast enough
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