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Trump urges Congress to grill 'dumb, hardheaded' Powell in latest attack over Fed's refusal to cut interest rates

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.

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martedì 24 giugno 2025·fortune.com
Trump urges Congress to grill 'dumb, hardheaded' Powell in latest attack over Fed's refusal to cut interest rates
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.
martedì 24 giugno 2025·cnbc.com
Powell emphasizes Fed's obligation to prevent 'ongoing inflation problem' despite Trump criticism
The cautious tones from Powell could further antagonize President Donald Trump, who has ramped up his long-standing criticism of Powell.

Trump urges Congress to grill 'dumb, hardheaded' Powell in latest attack over Fed's refusal to cut interest rates

Trump urges Congress to grill 'dumb, hardheaded' Powell in latest attack over Fed's refusal to cut interest rates

Powell emphasizes Fed's obligation to prevent 'ongoing inflation problem' despite Trump criticism

Federal Reserve chair defends holding interest rates after fresh Trump attacks

The Fed won’t lower rates like Trump wants because it sees ‘meaningful’ inflation spike later this year

Jerome Powell Won’t Cut Interest Rates, So Trump Keeps Calling Him Stupid

Fed banker rate debate and Trump hints have analysts betting on who’s ‘auditioning’ for Chair Powell’s job

Trump's war against the Powell Fed has taken another political turn