Trump ramps up attacks on Powell, demands 'loser' Fed chair lower rates 'NOW' President Donald Trump ratcheted up his pressure campaign on Federal Reserve Chairman Jerome Powell. Trump on Truth Social called Powell a "major loser" and warned that the U.S. economy could slow down unless interest rates fall immediately. Trump and his team are studying whether they can legally fire the central bank leader before his term is set to expire.
Trump is desperate. He’s crewing up the economy and wants someone to blame.Incoherent, incompetent and vindictive.
Europe has higher inflation rates that we do, and still their ECB has cute rates several times since we last cut. Powell knows he's getting fired, and he's playing games with our economy.
Powell has not been good. Much too slow to react. Flooded markets too much during Covid, kept them too low for too long, and waited too long after inflation got hot to begin raising rates. I’m not big on presidents or elected politicians calling the monetary shots, but that doesn’t mean that Powell isn’t very good at his job
https://www.wsj.com/finance/investing/dow-jones-stocks-worst-april-1932-74fe82ac People with much higher levels of understanding than MAGA Too Hot posters disagree. YOU OWN THIS… # “The Donald Depression”.
