'Powell’s termination cannot come fast enough': Donald Trump attacks Fed chair over rate cuts

  • Posted on April 17, 2025
  • By Business News Today
  • 1 Views
'Powell’s termination cannot come fast enough': Donald Trump attacks Fed chair over rate cuts

Donald Trump expressed his impatience with Federal Reserve Chair Jerome Powell, criticizing his handling of interest rates. Trump believes Powell, whom he calls "Too Late," should have already lowered rates like the European Central Bank. He argues that with falling oil and grocery prices, and tariff revenue, the Fed's inaction is detrimental to the U.S. economy.
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