Former US President Donald #TRUMP went before the cameras before the Federal Reserve's interest rate decision and dropped bombs one after another on both the economic front and the foreign policy scene. His words, especially directed at #Fed Chair Jerome Powell, resonated in political and economic circles.
"They Won't Cut Interest Rates Today Again, But They Should!"
Trump reiterated that the FED's interest rate policy was harming the US economy. Stating that borrowing costs were still high, Trump said, "Interest rates should have been 200 basis points lower right now. They probably won't cut them again today, but this decision is not in the interest of the American people."
Trump described this situation as a "loss of opportunity" for the country's economy. He said, "We are currently the most advantageous country in the world economically, but this opportunity is being wasted with wrong monetary policies."
Harsh Words to Powell: "He's Not an Intelligent Person"
The harshest part of his statements was directly directed at Fed Chair Jerome Powell. Trump made an open challenge by saying, “I don’t see Powell as a very smart person. He has proven this with the decisions he has made so far.”
“If he had lowered our prices by 250 basis points, the economy would have taken off today. But this guy is still hesitating,” said Trump, implying that appointing Powell as Fed Chair was “one of the biggest mistakes of his life.”
Rest to Iran: “You Are Too Late!”
Another hot topic on Trump’s agenda was the Iran-Israel war. Stating that Iran had reached out to him, Trump said, “But I told them very clearly: It is too late. They also wanted to come to the White House. But this is a different issue now.”
Stating that Iran’s defense capacity was extremely inadequate, Trump gave a harsh message by saying, “They do not have air defense systems. They do not have any other systems. If there is an operation, they will suffer the consequences.”
“Iran Cannot Have Nuclear Weapons, Period!”
Trump drew a very clear line at the end of his remarks on Iran: “Iran cannot have a nuclear weapon. Period. This issue is not up for discussion.” Stating that the last meeting held in the Security Council was positive, Trump could not give details but emphasized that the US is ready for all scenarios on the table.
🧠 What Do Experts Say?
Trump’s statements have had a wide impact in economic circles. This statement, especially made before the Fed’s decision today, is being evaluated as a pressure element in the markets. Experts state that Trump is trying to establish strategic pressure through the economy as he approaches the 2024 elections.
Result:
Trump’s direct targeting of Powell and his clear threats against Iran have increased tensions both in domestic politics and globally. The former US president is back on stage and his message is clear: “There is no weakness, interest rates must go down, enemies must retreat.”