<p>On the afternoon of September 14th local time, U.S. President Donald Trump once again criticized Federal Reserve Chairman Jerome Powell as &#34;truly incompetent.&#34; He also stated that he expects the Federal Reserve to &#34;significantly cut interest rates,&#34; as there is &#34;no choice but to cut rates.&#34; The Federal Reserve is scheduled to hold a monetary policy meeting from September 16th to 17th local time. The market generally expects the Federal Reserve to initiate the rate-cutting process at this meeting. Powell signaled a rate cut last month. (CCTV News)</p>

<p>On the afternoon of September 14th local time, U.S. President Donald Trump once again criticized Federal Reserve Chairman Jerome Powell as "truly incompetent." He also stated that he expects the Federal Reserve to "significantly cut interest rates," as there is "no choice but to lower rates." The Federal Reserve is scheduled to hold a monetary policy meeting from September 16th to 17th local time. There is widespread expectation that the Federal Reserve will initiate the interest rate cut process at this meeting. Powell signaled a potential rate cut last month. (CCTV News)</p>

Trump claims "the conditions for lowering interest rates are perfect now," further criticizes Powell for "incompetence"