US EditionTrump calls Fed Chair Jerome Powell a ‘fool’ after central bank keeps rates steady
- On May 15, 2025, President Donald Trump expressed his displeasure with Jerome Powell following the Federal Reserve’s decision to maintain current interest rates in the United States.
- The Federal Reserve decided to keep rates at 4.25-4.5% for the third consecutive meeting, citing economic uncertainty from trade tensions.
- Trump called Powell a 'fool' on Truth Social, arguing the Fed should cut rates to boost growth amid claims of low inflation and strong tariff revenue.
- Powell responded that the Fed would remain patient, monitor fiscal and trade impacts, and rely solely on economic data to guide policy decisions.
- The tension highlights ongoing debate over monetary policy as inflation remains above the Fed's 2% target despite a slowing economy and labor market strength.
114 Articles
114 Articles
The US Dollar’s Fall from Grace - Project Syndicate
Despite his stated commitment to maintaining the dollar’s global dominance, US President Donald Trump is actively undermining the value of – and confidence in – the greenback. This does not bode well for the “exorbitant privilege” that the dollar’s status as the main international reserve currency has long bestowed on the US, though it does create space for possible replacements.
Trump lobbies 'Too Late Powell' to cut interest rates
President Donald Trump on Tuesday brought back his criticism of the Federal Reserve's leadership for not cutting interest rates amid its concerns about inflation, which remains above the central bank's target range.Trump criticized Fed Chair Jerome Powell in a Truth Social post, arguing that he's behind the curve in lowering interest rates when compared with America's peers."No Inflation, and Prices of Gasoline, Energy, Groceries, and practicall…
Trump does not give up on the Fed: he calls again for interest rates to fall after inflation falls
U.S. President Donald Trump urged Federal Reserve President Jerome Powell on Tuesday to reduce interest rates, pointing out that "it is not fair" not to do so when the latest indicators have shown a drop in inflation."There is no inflation and the prices of gasoline, energy, food and practically everything else have gone down! The Fed must lower rates, as Europe and China have done. What is wrong with Tardón Powell? Isn't it fair for the U.S., w…
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