Trump Demands Fed Rates Be Cut in Half, Calls Powell “Stupid” in TV Interview

25.06.30

President Trump criticized Federal Reserve Chairman Jerome Powell on Sunday, claiming he’s keeping interest rates “artificially high” and calling him a “stupid person.” Trump believes rates should be at 1-2% instead of the current 4.25-4.5% range. The President said he won’t appoint a new Fed chair unless they agree to…

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