HOLY SMOKES: Trump says every interest rate point Jerome Powell refuses to cut is costing the U.S. $365 BILLION. Insanity. After touring the Federal Reserve and the ongoing construction in D.C., President Trump dropped cold, hard facts about the Fed. “We should have the lowest interest rate of ANY country. And we don’t.” “Every point is worth $365 billion.” “So we want to get the rates down.” He added that he met with the contractors, toured the Fed building with the chairman, and had a “very good tour.” Then he promised: “We’ll talk to you about it sometime.”