Trump Criticizes the Federal Reserve

US President Donald Trump criticized the Federal Reserve and its chairman Jerome Powell for delaying interest rate cuts during a speech in South Korea.

US President Donald Trump complained on Wednesday about the Federal Reserve (the US central bank) and once again criticized the bank's chairman Jerome Powell for what Trump considered a delay in cutting interest rates. Trump said in a speech in the South Korean city of Gwangju: 'Jerome Powell is very late,' which drew laughter from the audience of executives from several companies and leaders gathered at the Asia-Pacific Economic Cooperation (APEC) forum summit.

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