Trump warns of financial slowdown except Fed cuts charges

(Reuters) -The U.S. economic system can decelerate except rates of interest are lowered instantly, President Donald Trump stated on Monday, repeating his criticism of Federal Reserve Chair Jerome Powell as being gradual.

“With these prices trending so properly downward, simply what I predicted they might do, there can virtually be no inflation, however there generally is a SLOWING of the economic system except Mr. Too Late, a significant loser, lowers rates of interest, NOW,” Trump stated in a publish on Reality Social.

(Reporting by Ismail Shakil in Ottawa)