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President Trump criticizes Fed Chair Powell over interest rates, blaming him for hurting the housing market.
President Trump has criticized Federal Reserve Chair Jerome Powell, blaming him for hurting the US housing industry by not cutting interest rates aggressively enough.
Trump calls for significant rate cuts, but investors and economists expect the Fed to only lower rates by a quarter point in September, with another potential reduction later.
Trump's comments come ahead of Powell's speech at the Jackson Hole symposium, amid concerns over the housing market slowdown.
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El presidente Trump critica al presidente de la Fed Powell por las tasas de interés, culpándolo de dañar el mercado inmobiliario.