Trump says Fed Chair Jerome Powell's "termination cannot come fast enough"

President Trump took aim at Federal Reserve Chair Jerome Powell on Thursday, writing in a social media post that Powell should be cutting interest rates and adding that his "termination cannot come fast enough."

Mr. Trump's comments on his social media app, Truth Social, comes after Powell delivered a speech on Wednesday that warned of the potential consequences of the Trump administration's trade war, while reiterating that the central bank plans to hold interest rates steady for now. 

The Fed has put the brakes on interest rate cuts this year due to sticky inflation, which has remained higher than its target growth rate of 2% per year.