Trump claimed that Americans will be paying for Powell's "incompetence" for years to come, while the FOMC has maintained it needs greater clarity before lowering the base rate.
Powell laid down the law on Fed independence when he met with Trump, but the president didn’t seem to get the message
May 30, 2025
Trump’s attacks on Fed Chair Jerome Powell and calls to cut interest rates could backfire, economists say
BY CHRISTOPHER RUGABER AND ASSOCIATED PRESS
April 25, 2025
Jerome Powell Won’t Cut Interest Rates, So Trump Keeps Calling Him Stupid
Federal Reserve chair defends holding interest rates after fresh Trump attacks
Trump rips into 'too late' Jerome Powell after Fed holds rates steady
Trump's war against the Powell Fed has taken another political turn
Powell emphasizes Fed's obligation to prevent 'ongoing inflation problem' despite Trump criticism
