Fed, Trump and Jerome Powell
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President Trump on Thursday criticized Federal Reserve Chair Jerome Powell for holding interest rates steady at the Fed's May 7 meeting, calling him a "fool" for acting "too late" in cutting the central bank's benchmark rate.
President Donald Trump once again lashed out at Federal Reserve Chair Jerome Powell, calling him a "FOOL" a day after the central bank decided to hold interest rates steady.
Jerome Powell said the Federal Reserve can wait to see which effect from Trump's tariffs is worse - high inflation or a weak economy.
Vice President Vance praised Federal Reserve Chair Jerome Powell as a person during a recent interview but argued that Powell has been “wrong about almost everything.” “Well, first of all,