WASHINGTON – President Donald Trump said Friday that he expects Federal Reserve Chairman Jerome Powell to soon start lowering interest rates after their meeting at the Fed on Thursday.
Trump spoke highly of his meeting with Powell, which included a tour of ongoing over-budget renovations.
“I think we had a very good meeting, forgetting about the building; that’s out of control. But I think we had a very good meeting on interest rates,” Trump said.
“He said to me very strongly, ‘The country is doing well.’ He said, ‘Congratulations, the country is doing really well,’ and I got that to mean that I think he’s going to start recommending lower…
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