Trump Escalates Attack On Powell: "Every Time We Do Something Great, He Raises Interest Rates" | WHAT REALLY HAPPENED


Trump Escalates Attack On Powell: "Every Time We Do Something Great, He Raises Interest Rates"

Though the NYFRB's Plunge Protection Team swooped in to rescue US markets later in the afternoon, the sea of red in markets was just one more unwelcome distraction on a day when Trump and his administration already had its hands full with the rolling diplomatic crisis in Saudi Arabia.

And never one to pull punches when he's in a sour mood, Trump once again unleashed on the Federal Reserve and its chairman, Jerome Powell, during a 30-minute Oval Office interview with the Wall Street Journal, once again blaming the central bank for the market chaos that's erupted over the past few weeks. Ignoring the pleas of his closest advisors and practically every financial professional in the US, the president stepped up his attacks on Powell, telling the chronicle of American capitalism that it's "too early to tell" if he regrets nominating the Fed chairman.

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Trump Escalates Attack On Powell: "Every Time We Do Something Great, He Raises Interest Rates"

(*They're approaching the holiday "BONUS" season , Mr. president !)

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