President Donald Trump on Friday again ripped into Federal Reserve Chairman Jerome Powell, comparing him to Chinese President Xi Jinping.
He asks who is America's "bigger enemy," Powell or Chinese President Xi Jinping.
Trump tweeted his attack, which at first misspelled the central bank chief's name, not long after the text of Powell's speech in Jackson Hole, Wyoming, was made public. As he uses tariffs to try to force China to change what he calls unfair trade practices, Trump has repeatedly said he does not blame Xi, a communist dictator who has consolidated power in China.U.S. economic growth as fears about a potential recession grow.
He also wrote that "it is incredible [Fed officials] can 'speak' without knowing or asking what I am doing, which will be announced shortly." He did not give any indication about what action he was suggesting.
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