Trump calls Fed chair Jerome Powell a 'major loser' as he demands interest rate cuts: Live updates
President Donald Trump escalated his attacks on Federal Reserve chair Jerome Powell on Monday. He berated the head of the fiercely independent central bank for not cutting interest rates. Trump warned on social media there could be 'a SLOWING of the economy unless Mr. Too Late, a major loser, lowers interest rates, NOW.' Meanwhile, the president and First Lady Melania Trump are kicking off the White House's annual Easter egg roll on the South Lawn.
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