GOOD JOB JEROME
"Well done, you did a great job,
Jerome," said Trump, calling the Fed President over the phone.
President Trump has long accused the Fed of keeping interest rates incomprehensibly high. Trump, who thought that the USA was weakening his hand in the global competition after the dollar remained valuable, brought severe criticism to Powell on the grounds that he did not decrease interest rates fast.
This time,
US President Donald Trump praised the Central Bank (
Fed) President Jerome Powell, which he criticized. "I think he took the right steps. We will all see the benefit of his decision," said
Trump, who said he was proud of Fed President Powell at a press conference last night.