Trump says Fed Chair Powell ‘costing America billions’; slams him for not cutting rates
Thursday, 19 June 2025 () US president Trump criticised Federal Reserve Chairman Jerome Powell for not cutting interest rates, labeling him a "real dummy" and blaming him for economic harm. This came after the Fed decided to hold steady, citing a need to monitor inflation and the impact of new tariffs. The Fed also revised its economic outlook, lowering growth forecasts and raising inflation expectations.
US Federal Reserve keeps interest rates unchanged as it awaits the impacts of Trump's global tariffs
Trump has slammed the US Federal Reserve Board chief Jerome Powell, calling him “stupid”, as the federal agency holds off on interest rate changes as it anticipates economic decline in the wake...
President Trump now says he has “no intention” of firing Federal Reserve Chair Jerome Powell, despite calling him a “major loser” just days ago. Trump’s sudden reversal—delivered in the..
Investors flee US assets as Trump attacks Fed’s Powell and calls for rate cuts
Investors continued offloading US assets as the Trump administration seeks a way to dismiss Federal Reserve Chair..
Credit: euronews (in English) Duration: 01:30Published