ME News, December 12, (UTC+8), December 12, U.S. Commerce Secretary Howard Lutnick criticized Federal Reserve Chairman Jerome Powell again in an interview with CNBC today, accusing him of keeping interest rates too high. "Interest rates should be lower, Jay Powell has acted too late, he may be too afraid—too afraid to lead the world's largest $30 trillion economy. We should be proactive, not timid, as if something bad is happening. We are doing well, greatness is happening. Our GDP has grown by 4%." At the same time, he predicted that the economic growth rate during Trump's administration would reach 6%. "Lowering interest rates and reducing energy consumption can achieve economic growth and save America." (Source: ME)