Trump slams Jerome Powell after Fed holds rates steady

President Donald Trump entered the Federal Reserve President Jerome Powell on Thursday and said, “destructive,” after the Central Bank kept its interest rates fixed on Wednesday.

Trump said that the “too late” Powell does not reduce rates, costing the United States for “hundreds of billions of dollars”, and balanced a familiar criticism against the Fed chair that ignored the print campaign to reduce Trump’s proportions.

“We must be 2.5 points lower and we should save billions of dollars in Biden’s short -term debt,” Trump said on Thursday. Real social.

Trump also criticized Powell late on Wednesday and said to him in a night close to him, “a real puppet” Real Social Post.

“For now, Powell said on Wednesday, which ended in May 2026, said:” For now, before thinking about any regulation in our policies, it was well positioned to wait to learn more about the possible course of the economy. “

Trump’s statements were equal to the place since December in response to the Federal Open Market Committee, which kept the borrowing rate in a range of 4.25-4.5%.

The criticism was not surprising because the president had for a long time because he had for a long time because he did not reduce interest rates.

On Wednesday morning, hours before the Fed was preparing to release the interest rates on interest rates, Trump said: “So we have a stupid person. Frankly, you will probably not cut today.”

Apart from the White House, “Europe had 10 sections and there was none. And I think a political man, I don’t know. A non -wise political man, but costs the country.” He said.

“I would do a much better job than these people,” Trump said, even thinking of even assigning himself to lead the Federal Reserve.

Trump said the Federal Reserve plans to announce its selection for the next chair “very soon”.