President Donald Trump delivered a meandering answer when giving his reaction to Federal Reserve Chairman Jerome Powell's most recent remarks about cutting interest rates - which Trump has long considered a priority.
Trump took questions in the Oval Office Friday afternoon and was asked about Powell's comments earlier in the day at the Federal Reserve's annual symposium at Jackson Hole, Wyoming. There, Powell hinted at a possible upcoming rate cut, but stopped short of guaranteeing one. Trump has long called for the Fed to cut interest rates, but the board has resisted because of inflation fears.
