Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
US Federal Reserve Chair Jerome Powell participates in the press conference Federal Market Federal Market Commission in Washington, DC, USA, June 18, 2025
Kevin Mohatt | Reuters
President Donald Trump Extracted in Federal Reserve Chair Jerome Powell On Thursday, calling “destructive” after the central bank constantly maintain interest rates Wednesday.
Trump said that the “late” Powell state is costing “Hundreds Billion dollars”, not complying with rates, well-known criticism against the Fed chair, Trump has repeatedly refused to cut the pressure campaign.
“We should have 2.5 smaller points, and save $ 30 million on short-term debt on the short term,” Trump wrote on Thursday Social truth.
Trump also criticized Powell last Wednesday, calling him “a real mannequin” at midnight True Social Post.
Powell ends in May 2026.
Trump’s notes were the answers to the Federal open market commission The loan rate range from 4.2.5% to 4.5%.It is a place that has passed from December.
Critical were not surprising, president has long powell to go down to lower interest rates.
Like Wednesday morning, Fed was set to release his decision to release interest rates, Trump said: “So we have stupid people. Actually, you probably don’t cut today. “
“Europe has had 10 cuts, and I think we didn’t have a political guy.
Trump also hit himself to name the federal reserve, “I would do much better work than these people.”
Trump said he plans to announce his selection for the next federal reserveVery soon. “
