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Trump Criticizes Fed Chair Powell Amid Economic Policy Tensions

Trump Criticizes Fed Chair Powell Amid Economic Policy Tensions

Global Cryptocurrency
Release Time:
2025-05-08 17:46:02
0

Former President Donald TRUMP launched a scathing attack on Federal Reserve Chair Jerome Powell, calling him a "FOOL" in a Truth Social post while paradoxically stating, "I like him very much." The outburst followed the Fed’s decision to maintain interest rates unchanged for the third consecutive month.

Trump falsely claimed declines in oil, energy, and grocery prices, asserting "virtually NO INFLATION" despite contradictory data. He doubled down on his trade policy rhetoric, boasting about tariff revenues and economic recovery—a narrative increasingly at odds with the Fed’s cautious monetary stance.

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