President Donald Trump is ramping up pressure on Jerome Powell, issuing a call for lower interest rates against the Federal Reserve chair’s continued opposition and calling out the failure of the Fed’s monetary policy.

“Jerome ‘Too Late’ Powell, and his entire Board, should be ashamed of themselves for allowing this to happen to the United States,” Trump wrote in a Truth Social post Monday.

“They have one of the easiest, yet most prestigious, jobs in America, and they have failed — and continue to do so.

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