‘As usual, Powell let us down,’ Trump tweets after Fed fails to back stronger monetary easing

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‘As usual, Powell let us down,’ Trump tweets after Fed fails to back stronger monetary easing
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Trump was not mollified by the Fed's first interest-rate cut in more than 10 years...

President Donald Trump was not mollified by the Federal Reserve’s first interest-rate cut in more than 10 years.

Earlier, the Fed had cut interest rates by a quarter percentage point. The central bank also ended its program to shrink its balance sheet two months early.These are steps Trump had been urging the Fed to take since late last year.

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