«They’re making a mistake because I have a gut, and my gut tells me more sometimes than anybody else’s brain can ever tell me…
«They’re making a mistake because I have a gut, and my gut tells me more sometimes than anybody else’s brain can ever tell me,” he said.
During the interview, Trump said that he is “not even a little bit happy” with Powell and that, given unfettered control, he would be able to make better decisions because he follows his “gut.”
“I’m doing deals, and I’m not being accommodated by the Fed. They’re making a mistake because I have a gut, and my gut tells me more sometimes than anybody else’s brain can ever tell me,” Trump said.
“So far, I’m not even a little bit happy with my selection of Jay. Not even a little bit. And I’m not blaming anybody, but I’m just telling you I think that the Fed is way off-base with what they’re doing.”
The president added that despite the fact that GM is laying off 15 percent of its workforce, interest rates are rising and the stock market has been declining, he isn’t worried about a recession.
