Trump: Powell should follow the European Central Bank's lead in cutting interest rates and end Powell's term as soon as possible

ChainCatcher news, U.S. President Trump posted on social media: "The European Central Bank is expected to make its 7th rate cut, however, the 'always too late' Federal Reserve Chairman Jerome Powell------ this consistently slow-moving and misjudging individual, once again presented a typical 'chaotic' situation in the report released yesterday.

Oil prices are falling, grocery prices, and even egg prices are also declining, and the U.S. is reaping substantial benefits from tariffs. Powell should have cut rates long ago like the European Central Bank, but even now he should be cutting rates. Terminate Powell's tenure as soon as possible!"