US Federal Reserve Chairman Jerome Powell. The Fed was criticised for being "slow-moving" by US president Donald Trump on Wednesday as he reiterated his call for lower interest rates to bring the US in line with other, major developed economies. The Fed declared an emergency rate cut of 50 basis points last month and is scheduled to meet again next week. AFP
US Federal Reserve Chairman Jerome Powell. The Fed was criticised for being "slow-moving" by US president Donald Trump on Wednesday as he reiterated his call for lower interest rates to bring the US iShow more