Shortly after Powell concluded his news conference, Trump expressed dismay that the Fed did not announce a deeper cut to interest rates. He reprised his attacks on Powell as he decried the fact that the central bank had only cut rates by a “rather small number that could have been doubled, at least doubled.”
“You can have tremendous growth without inflation,” Trump later said. “Everything goes up with the growth. But that’s not inflation. So I think we can do much better than traditional numbers.”
