President Trump is once again taking aim at FED Chairman Jerome Powell over his refusal to lower interest rates more quickly. The wisdom and efficacy of adjusting interest rates has become an ongoing standoff between President Trump and chairman Powell. After the payroll processor ADP reported job creation slowed in May, the president took to […]
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Trump Cites ADP Job Numbers, Calls On Fed To Lower Rates
President Trump is once again taking aim at FED Chairman Jerome Powell over his refusal to lower interest rates more quickly. The wisdom and efficacy of adjusting interest rates has become an ongoing standoff between President Trump and chairman Powell. After the payroll processor ADP reported job creation slowed in May, the president took to Truth Social to say the man he’s nicknamed “Too Late” Powell -quote-“ must now lower the rate. He is unbelievable. Europe has lowered nine times,” ADP reports private payrolls grew by just 37,000 jobs last month.