Trump Says Powell’s Rate-Cut Signal Comes Too Late

U.S. President Donald Trump said on Aug. 22 that Federal Reserve Chair Jerome Powell waited too long to consider lowering interest rates, arguing the central bank should have eased policy a year earlier. Trump’s remarks came after Powell signaled he may cut rates in the coming months. The president contended that any move now would have less impact, underscoring persistent tensions between the White House and the Fed over the timing of monetary policy.