'No guts, no vision!' Trump unhappy after Fed announces modest rate cut
by Edward Helmore from on (#4QNF3)
- Central bank approves quarter-point interest rate reduction
- Trump tweets: 'Jay Powell and the Federal Reserve fail again!'
Under pressure from Wall Street and the White House, the Federal Reserve lowered interest rates on Wednesday for a second straight meeting, but declined to signal if it would continue to drop rates in the future.
Related: Ilhan Omar condemns Trump for spreading 'lies that put my life at risk'
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