Trump criticizes Powell for refusing to cut interest rates, says board should take over if he doesn't act

Trump posted an article again criticizing Federal Reserve Chairman Powell, calling his refusal to cut interest rates a "stubborn" act, and said that if Powell continues to delay the process of cutting interest rates, the Federal Reserve Board should intervene to take over and take "well-known measures that must be taken." He stressed that interest rates should be drastically lowered immediately to cope with the economic situation.