🚨 Trump Slams Fed Chair Powell Over Rate Pause 🇺🇸📉
Former U.S. President Donald Trump has publicly criticized Federal Reserve Chair Jerome Powell for keeping interest rates unchanged, just hours after the Fed paused rate cuts.
Posting on Truth Social, Trump demanded the lowest interest rates in the world, arguing that his tariff policies strengthened the U.S. economy and that high rates are unnecessary and costly.
Meanwhile, Powell defended the decision, pointing to persistent inflation — around 2.9% overall and 3.0% core, still above the Fed’s 2% target — driven partly by tariff-related price pressures. The U.S. economy remains steady, with solid GDP growth and 4.4% unemployment.
⚠️ The clash highlights growing White House pressure on the Federal Reserve, as Trump has also vowed to replace Powell when his term ends in May.
👀 Politics, rates, and markets are colliding again.
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#TRUMP #FederalReserve #interestrates #JeromePowell #USD
