US President Donald Trump intensified his attack on Federal Reserve Chair Jerome Powell on Monday, April 21, accusing him of jeopardising economic growth by not cutting interest rates. In a pointed social media post, Trump referred to Powell with a derisive nickname, calling him "Mr. Too Late" and a "major loser," and warned of a potential economic slowdown unless rates are lowered immediately. "“Preemptive Cuts” in Interest Rates are being called for by many. With Energy Costs way down, food prices (including Biden’s egg disaster!) substantially lower, and most other “things” trending down, there is virtually No Inflation. With these costs trending so nicely downward, just what I predicted they would do, there can almost be no inflation, but there can be a SLOWING of the economy unless Mr. Too Late, a major loser, lowers interest rates, NOW. Europe has already “lowered” seven times. Powell has always been “To Late,” except when it came to the Election period when he lowered in order to help Sleepy Joe Biden, later Kamala, get elected. How did that work out? (sic)," Trump posted on Truth Social. The remarks come just days after Trump publicly questioned Powell's job security. US President Donald Trump’s Question-and-Answer Session With Reporters Cut Short After Young Girl Faints in Oval Office (Watch Video).

‘Jerome Powell a Major Loser’

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