The central bank signals little urgency to cut interest rates despite demands from President Trump for lower borrowing costs.
“I call him every name in the book trying to get him to do something,” Mr. Trump said at an event at the White House, where he bashed Mr. Powell for not slashing interest rates.
“I’m nasty, I’m nice — nothing works,” he lamented as he called Mr. Powell a series of names, including “stupid” and “Mr. Too Late.”
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