President Donald Trump once again lashed out at Federal Reserve Chair Jerome Powell, calling him a "FOOL" a day after the central bank decided to hold interest rates steady. Trump wants interest rates to come down more quickly to help boost economic growth,

President Trump renewed his criticism on Thursday of Federal Reserve Chair Jerome Powell, complaining the Fed is refusing to lower interest rates. Trump said cutting interest rates would be “like jet fuel” for the economy “but he doesn’t want to do it.

The Federal Reserve on Wednesday held its benchmark interest rate steady but warned about the potential economic harm from President Donald Trump’s trade war. “If the large increases in tariffs that have been announced are sustained,