#PowellRemarks BREAKING: Trump Blasts Fed Chair Jerome Powell in Fiery Rant
Just moments ago, Donald Trump tore into Federal Reserve Chair Jerome Powell, dubbing him “Too Late Jerome” and declaring:
“Powell’s termination cannot come fast enough.”
Here’s what’s going down:
📉 Why Trump’s Fuming:
Rate Wars: The European Central Bank is prepping its 7th rate cut—but the Fed’s still sitting tight.
Timing Fail: Trump accuses Powell of missing the moment—saying inflation’s cooling, oil’s down, groceries are cheaper, and tariffs are boosting the economy.
His message? Powell’s always late—and always wrong.
🧨 What Trump Wants:
Immediate Rate Cuts: Trump’s demanding the Fed slash rates now to juice the economy.
Powell Out: He’s made it crystal clear—he wants Powell gone and says he “should’ve been replaced long ago.”
⚖️ Can Trump Fire Powell?
Short Answer: Nope.
Presidents can’t fire a Fed Chair just for disagreements.
Powell’s term runs through May 2026, and he’s said he has no plans to resign under political pressure.
📊 Why It Matters:
Market Shocks Ahead?
Political heat on the Fed could rattle markets and raise questions about central bank independence.
Tariff Trouble:
Powell has warned that Trump’s proposed tariffs could stoke inflation—not exactly a green light for cutting rates.