President Donald Trump escalated his war of words with Federal Reserve Chair Jerome Powell on Sunday, accusing him of keeping interest rates “artificially high” and insisting the benchmark should drop to "1% or 2%”, half of what it is now.
What Happened: Appearing on Fox News' "Sunday Morning Futures," Trump called Powell a "stupid person" and “a bad person,” claiming the Fed chief's policies force the government to refinance roughly $9 trillion in debt at punitive costs.
