Trump: If the Fed starts cutting rates now, it will be able to significantly lower the short-term and long-term interest rates on upcoming debt.

BlockBeats News, June 6th, U.S. President Trump posted on social media, stating, "If 'Mr. Too Late' Powell's Fed were to start lowering rates now, we could greatly reduce the long-term and short-term rates on our soon to be refinanced debt. Biden would have been out of office by now."

"We have almost no inflation (it is a beautiful thing), but if it is to come back, we will go with a higher rate, and we could easily be set to do it. Very simple!!! He's costing us a lot of money to borrow! The Fed should have been much more aggressive."