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Trump again slams Powell, saying failure to cut rates will hurt the real estate industry

2025-08-20 01:11

According to Odaily Planet Daily, Trump, in a post on the Truth platform, once again urged Federal Reserve Chairman Powell to cut interest rates as soon as possible. He criticized Powell's policies, saying they are severely impacting the real estate industry and making it difficult for people to get mortgages, even though there is no significant inflationary pressure. He bluntly called Powell "too late" and called his performance a "disaster."