Yesterday evening (on Beijing time April 21st), Trump posted on social media to criticize the Federal Reserve, stating that energy and food prices have dropped significantly, inflation is almost non-existent, but the economy may slow down. He accused Federal Reserve Chairman Powell of being a "big loser" and demanded an immediate interest rate cut from the Fed; otherwise, the economy might slow down. He also complained that Powell always reacts slowly and only cuts interest rates during election periods to help "sleepy" Biden (later Kamala). (Full text in Figure Two)
[Smart Comment]: Blaming others for messing up the economy, Trump wants to push the responsibility of the economic downturn onto the Fed's refusal to lower interest rates. Besides the slowdown in the economy, another big problem is that US Treasury issuance rates cannot go down either. In fact, all these problems are Trump's fault. Trump's wrong economic policies and tariff policies are the real culprits. Additionally, what has Biden done to him? He keeps talking about him every day. Maybe it's suggested that Trump should cast a kneeling statue of Biden on the White House lawn.
Original article: https://www.toutiao.com/article/1830054989634900/
Disclaimer: The article only represents the author's personal views.