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Trump Slams Fed Chair Powell Amid Economic Turmoil

6/19/2025

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Trump Attacks Powell

President Trump ramped up his attacks on Federal Reserve Chair Jerome Powell, labeling him “dumb” and “destructive” for refusing to lower interest rates. Trump argues that the Fed's hesitance is costing the U.S. billions, even hinting he could perform better. Amidst this, worries mount about the potential impact of Trump's tariffs on inflation and economic stability.

Center

Powell Maintains Rates

The U.S. Federal Reserve has opted to keep interest rates steady at 4.25-4.5% for the fourth time, resisting President Trump's calls for cuts. Fed Chair Jerome Powell underscored the commitment to stable prices and employment, even as inflation dips to 2.1%. However, worries linger about how tariffs might influence future rate decisions.

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Trump Attacks Powell

President Trump ramped up his attacks on Federal Reserve Chair Jerome Powell, labeling him “dumb” and “destructive” for refusing to lower interest rates. Trump argues that the Fed's hesitance is costing the U.S. billions, even hinting he could perform better. Amidst this, worries mount about the potential impact of Trump's tariffs on inflation and economic stability.

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