Trump: Perhaps I need to change my mind on whether to fire Powell.

BlockBeats news, on June 21, Trump posted on social media Truth again criticizing Federal Reserve Chairman Powell: “Currently, the best way he (Powell) can contribute to America is to decisively drop the interest rate. If he can lower it by one or two basis points, this ‘wooden-headed’ man can save America up to $1 trillion in spending each year. Although my strong criticism may make it harder for him to fulfill his duties (to lower interest rates), I have tried all moderate means: I have been polite, neutral, and also tough, but unfortunately, all have failed! Don’t use the excuse of ‘potential inflation risks in the future’—because there is no inflation right now! Even if inflation does appear in the future, raising rates then will still be timely. I really don’t understand why the Federal Reserve Board of Governors doesn’t replace this complete idiot! Perhaps I need to change my mind about whether to fire Powell. But there’s no rush, anyway, his term is almost up!”