Trump seems to recommend he is aware of extra about rates of interest than Fed’s Powell

(Reuters) -U.S. President Donald Trump on Wednesday appeared to recommend he knew extra about rates of interest than Federal Reserve Chairman Jerome Powell and that charges must be minimize.

“Mortgage charges are literally down barely regardless that I’ve a man within the Fed that I am not an enormous fan of,” Trump mentioned at a White Home occasion.

“He ought to cut back rates of interest. I feel I perceive curiosity lots higher than him, as a result of I’ve needed to actually use rates of interest.”

(Reporting by Costas Pitas; Enhancing by Leslie Adler)