Trump Pressures Fed, Slams Big Landlords And Pushes Bold Plan To Cut Rates

Bullish 71.0
President Donald Trump on Wednesday intensified pressure on the Federal Reserve to lower interest rates while defending his administration's aggressive housing market policies, arguing that institutional investors and high borrowing costs have priced ordinary Americans out of homeownership.
Speaking at the World Economic Forum, Trump said the United States should be paying the lowest interest rates in the world and accused the Fed — under Chair Jerome Powell — of restraining economic momentum with overly tight policy.
"We should be paying the lowest interest rate of any country in the world," Trump said.
Trump Signals Fed Leadership Change
Trump sharply criticized Powell, repeatedly referring to him as "too late," and confirmed plans to announce a new Fed Chair "in the not-too-distant fut
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