Trump Renews Powell Feud Over Rate Decision, Fed Renovation

Powell Says Fed Has Made No Decision About September Meeting

President Donald Trump resumed his criticism of Federal Reserve Chair Jerome Powell after the central bank declined to cut interest rates, ending a short-lived détente.

“Jerome ‘Too Late’ Powell has done it again!!! He is TOO LATE, and actually, TOO ANGRY, TOO STUPID, & TOO POLITICAL, to have the job of Fed Chair,” Trump wrote on his social media platform Thursday, assailing the bank for holding rates steady yet again.