New Delhi, Jan. 30 -- US President Donald Trump sharply criticised the Federal Reserve's approach to bank regulation, accusing Chair Jay Powell of mishandling the battle against inflation. However, he refrained from directly addressing the issue of interest rates in his remarks.

"The Fed has done a terrible job on Bank Regulation. Treasury is going to lead the effort to cut unnecessary Regulation, and will unleash lending for all American people and businesses. If the Fed had spent less time on DEI, gender ideology, "green" energy, and fake climate change, Inflation would never have been a problem. Instead, we suffered from the worst Inflation in the History of our Country!," Trump posted Wednesday on his social media site.

In a bold st...