President Trump said Friday that he believes Fed Chair Jerome Powell is ready to start slashing interest rates. Trump, who for months has hammered Powell for being slow to cut rates, toured the Fed’s controversial $2.

President Donald Trump visited the Federal Reserve headquarters in Washington Thursday, where he publicly scorned Fed chairman Jerome Powell over the costs of a long-planned, roughly $2.5 billion renovation project.

The long-simmering clash between President Donald Trump and Federal Reserve Chair Jerome Powell was on full public display during a Thursday afternoon tour of the renovation site at the central bank’s headquarters in Washington,