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Jerome Powell receives a new criticism from Donald Trump. Stock Photography.
Donald Trump is unhappy with the head of the US central bank Jerome Powell.
In an interview with the Washington Post, the president said that the US Federal Reserve was cycling and that he was not even happy with Powell.
"They are wrong because I have a feeling of stomach and that sometimes tells me more than someone else 's brain can ever tell me," Trump says.
Trump appointed Powell to the Riksbank earlier this year, but attacked him several times because he continued to raise interest rates, which he said undermined his efforts to accelerate the US economy .
The Federal Reserve should raise interest rates again in December to keep inflation below the 2% target, while unemployment in the country – 3.7% – is lower than it has been since a half-century.
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