Fed Chair Jerome Powell told Congress he expects an inflation surge—but how long and how high is unknown.
Trump calls Fed chair Powell ‘stupid’ and ‘political’ after latest decision not to cut rates: ‘We have no inflation, we have only success’
BY CHRISTOPHER RUGABER AND ASSOCIATED PRESS
June 19, 2025
Trump urges Congress to grill ‘very dumb, hardheaded’ Powell in latest attack over Fed’s refusal to cut interest rates
June 24, 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
Powell emphasizes Fed's obligation to prevent 'ongoing inflation problem' despite Trump criticism
Powell says US Fed to wait to reduce rates even as Trump demands cuts
