By Associated Press
September 11, 2019

(WASHINGTON) — President Donald Trump says the U.S. is missing out economically because “Boneheads” at the Federal Reserve won’t lower interest rates at his insistence.

The Fed is meeting next week and is expected to trim its benchmark rate by another quarter point after cutting the rate for the first time in a decade in July. Trump has been pressuring Fed chairman Jerome Powell to drop rates to zero. The rate currently is in a range of 2% to 2.25%.

As the sun rose on Wednesday’s anniversary of the 9/11 terrorist attacks, Trump tweeted, “It is only the naïveté of Jay Powell and the Federal Reserve that doesn’t allow us to do what other countries are already doing. A once in a lifetime opportunity that we are missing because of “Boneheads.”

He later tweeted three times critiquing 2020 elections polls as “phony” and saying that he is “constantly fighting Fake News,” before writing it was his “great honor” to speak at the Pentagon amid the day’s 9/11 remembrance ceremonies.

Contact us at


Read More From TIME