President Donald Trump said rising inflation linked to the Iran conflict has complicated the outlook for U.S. interest rate cuts, despite his long-running push for lower borrowing costs and repeated criticism of Federal Reserve Chair Jerome Powell.
Trump’s ‘too Late’ Jibe at Powell Runs into Inflation Reality
President Donald Trump said rising inflation linked to the Iran conflict has complicated the outlook for U.S. interest rate cuts, despite his long-running push for lower borrowing costs and repeated criticism of Federal Reserve Chair Jerome Powell.