Odaily Planet Daily News: U.S. President Trump criticized the Federal Reserve on Thursday, once again pointing the finger at Fed Chairman Powell, accusing him of being slow to act on interest rate cuts. Trump mentioned "Jerome 'Too Late' Powell" in his speech in South Korea, which caused laughter from business executives and leaders attending the APEC summit. Trump added: "We will not let the Federal Reserve raise interest rates because of concerns about inflation in three years." This may imply that he admits that inflation may eventually accelerate. He expects the U.S. economy to grow by 4% in the first quarter of 2026, much higher than the median forecast of economists surveyed by Reuters. Because economists believe that the newly implemented import tariffs by the Trump administration will still drag down economic growth. Thursday's remarks highlighted the tension between Trump and the Federal Reserve. Trump criticized Powell for not cutting interest rates quickly, saying that the Federal Reserve lagged behind its European counterparts and damaged business confidence. (Jinshi)