Trump continues to lambast “too late” Powell

“Too Late,” and the Fed, are choking out the housing market with their high rate, making it difficult for people, especially the young, to buy a house. He is truly one of my worst appointments. Sleepy Joe saw how bad he was and reappointed him anyway – And the Fed Board has done nothing to stop this “numbskull” from hurting so many people. In many ways the Board is equally to blame! The USA is Rockin’, there is VERY LOW INFLATION, and we deserve to be at 1%, saving One Trillion Dollars a year on Interest Costs. I can’t tell you how dumb Too Late is – So bad for our Country!

This time he’s adding that other policymakers are also to blame in failing to stop Powell. Does he know how the Fed works? In any case, markets are still being level headed in all this with a July rate cut still firmly off the table. So far, it is only Waller that has explicitly communicated such an interest.