Trump raises pressure on Federal Reserve to cut interest rates

President launches new attack on Jerome Powell, the man he picked to run US central bank

Donald Trump has stepped up the pressure on the Federal Reserve to cut interest rates with his most personal attack yet on Jerome Powell, the man he handpicked to run the US central bank.

Ahead of a crucial speech by Powell in Jackson Hole on Friday, the US president compared the Fed chairman to a golfer who was unable to putt and said he had let the country down.

Doing great with China and other Trade Deals. The only problem we have is Jay Powell and the Fed. He's like a golfer who can't putt, has no touch. Big U.S. growth if he does the right thing, BIG CUT - but don't count on him! So far he has called it wrong, and only let us down....

.....We are competing with many countries that have a far lower interest rate, and we should be lower than them. Yesterday, "highest Dollar in U.S.History." No inflation. Wake up Federal Reserve. Such growth potential, almost like never before!

So Germany is paying Zero interest and is actually being paid to borrow money, while the U.S., a far stronger and more important credit, is paying interest and just stopped (I hope!) Quantitative Tightening. Strongest Dollar in History, very tough on exports. No Inflation!.....

....WHERE IS THE FEDERAL RESERVE?