Trump renews criticism of Fed's Powell for not cutting rates

Reuters05-08
Trump renews criticism of Fed's Powell for not cutting rates

WASHINGTON, May 8 (Reuters) - U.S. President Donald Trump renewed his criticism on Thursday of Federal Reserve Chairman Jerome Powell, complaining that the Fed is refusing to lower interest rates.

Trump said cutting interest rates would be "like jet fuel" for the economy "but he doesn't want to do it." He said Powell is "not in love with me."

(Reporting by Andrea Shalal and Steve Holland; Editing by Mark Porter)

((Steve.a.holland@thomsonreuters.com; www.twitter.com/steveholland1; 202 898 8300; Reuters Messaging: steve.holland.reuters.com@reuters.net))

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