Trump's reaction followed the Fed's decision to lower interest rates by 25 basis points to a target range of 1.5% to 1.75% — the third cut this year.
Trump had slammed Powell and Fed last month, after the central bank voted to cut interest rates by a quarter point to a target range of 1.75% to 2%.
President Donald Trump talks to reporters prior to boarding Air Force One and departing Washington for travel to Chicago at Joint Base Andrews, Maryland, October 28, 2019.President Donald Trump on Thursday railed against U.S. Federal Reserve Chairman Jerome Powell, claiming that "people are VERY disappointed in" the central bank leader.the Fed's decision to lower interest rates by 25 basis points to a target range of 1.5% to 1.
Just last week, Trump tweeted, "The Federal Reserve is derelict in its duties if it doesn’t lower the Rate and even, ideally, stimulate."
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