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'Costing our country trillions of dollars': Donald Trump calls Jerome Powell 'too stupid' after rate decision; central bank holds rates steady for fifth straight time

IndiaTimes Thursday, 31 July 2025 ()
President Trump has sharply criticized Federal Reserve Chairman Jerome Powell, deeming him unfit for his role due to perceived incompetence and political bias, following the Fed's decision to maintain steady interest rates. Trump claims Powell's actions are costing the country trillions.
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News video: Trump’s BIG STATEMENT on Trade Deal with India | ‘India a good friends...just can’t do that’

Trump’s BIG STATEMENT on Trade Deal with India | ‘India a good friends...just can’t do that’ 03:43

 U.S. President Donald Trump has hinted at a possible trade deal with India but warned of steep tariffs if no agreement is reached by August 1. Calling PM Modi a "friend," Trump criticized India’s high tariffs on U.S. goods, threatening 20–25% duties if talks stall. The U.S. had earlier imposed a...

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