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Trump Torches Fed Chair Powell: ’Slash Rates Now or Risk Economic Collapse’

Trump Torches Fed Chair Powell: ’Slash Rates Now or Risk Economic Collapse’

Author:
Coingape
Published:
2025-08-01 10:56:14
19
3

Former President Trump launches a blistering attack on Jerome Powell, demanding aggressive Fed action as markets wobble.

The pressure cooker boils over

In a fiery statement that sent shockwaves through financial circles, Trump accused the Fed chair of 'economic malpractice' for maintaining restrictive policies. The outburst comes as crypto markets flirt with key support levels—proof that even decentralized assets aren't immune to central bank drama.

Rate cuts or ruin?

Trump's ultimatum lands amid growing Wall Street unease. Traders now price in 75% odds of emergency easing by September—because when the going gets tough, the tough get... bailouts?

One financier quipped: 'Powell's stuck between Trump and a hard place—welcome to the most expensive game of chicken in history.'

Trump Slams Fed Chair Powell, Demands Immediate Rate Cuts

President Donald TRUMP sharply criticized Federal Reserve Chair Jerome Powell, calling him “too late” and a “stubborn moron,” and urged an immediate, significant cut in interest rates. He argued that quick action is necessary, and if Powell refuses, the Federal Reserve Board should step in to make the needed cuts. Trump’s remarks highlight the mounting pressure on the Fed to take decisive steps to address current economic concerns.

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