Trump: the chairman of the reserve board failed on the interest rate decision



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US President Donald Trump said Federal Reserve Chairman Jerome Powell "failed" to cut interest rates by a quarter point on Wednesday night, saying that the market wanted a signal for the launch of an "aggressive and prolonged rate reduction".

"What the market wanted to hear (Jerome) Powell and the Federal Reserve, it's the beginning of a long and aggressive cycle of interest rate cuts under the conditions followed by China," he said. European Union and other countries, "Trump said in a tweet just hours after the release of the latest statement from the US central bank. Worldwide".

"As usual, Powell has failed, but at least it puts an end to the quantitative focus that should not have started," Trump said.

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