Trump slammed Fed Chair Jerome Powell for delaying the decision to cut interest rates

GateNews

2025-04-17 10:38:45

Gate.io News bot, according to Wu, Trump posted on the Truth Social platform to criticize Federal Reserve Chairman Jerome Powell’s latest report. Trump noted that as the European Central Bank (ECB) prepares for its seventh rate cut, Powell’s decision is “always long overdue and wrong.”

In his post, Trump stressed that the current price of oil and food (including eggs) is falling, and the United States is reaping the benefits of tariffs. He believes that Powell should follow the ECB’s lead in cutting interest rates and calls on Powell to leave his job as soon as possible.

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