President Donald Trump has once again talked to his chairman of the Federal Reserve about interest rates – which he wants to turn upside down.
The President has publicly demanded lower interest rates to avert a recession, and he has proposed the Fed Chairman Jerome Powell was a "bigger enemy" for the US than Chinese President Xi Jinping, because he will not give in to these demands – and Trump started further rounding attacks
. "The Federal Reserve should cut our interest rates to zero or less," Trump tweeted, "and we should start refinancing our debt. The interest costs could be lowered and at the same time the duration extended considerably. "
" We have the big currency, power and balance, "he added," The US should always pay the lowest rate, no inflation, only the naivety of Jay Powell and the Federal Reserve does not allow us to Doing what other countries are already doing ̵
… The US should always pay the lowest rate – no inflation – only the naivety of Jay Powell and the Federal Reserve allows it We do not do what other countries are already doing – a unique opportunity we miss because of "boneheads."
– Donald J. Trump (@realDonaldTrump) September 11, 2019