Trump Slams the Federal Reserve: Lower Interest Rates Immediately!
With inflation easing and the unemployment rate soaring to 4.2% (over 100,000 layoffs in April), Trump criticized Powell on Truth Social, claiming "data obsession misleads the country" and stated, "High tariffs are enough to stimulate the economy, interest rates must be lowered now!"
The Federal Reserve responded firmly: the interest rate remains at 4.25%-4.50%, and Powell's team warned that "hasty rate cuts could lead to stagflation," with the market confidence index collapsing to 54.4, confirming the risk.
Political tensions erupt: impeachment rumors circulate in the White House, and this "interest rate cut confrontation" is essentially a tug-of-war over power and the independence of the central bank! The June policy meeting may become the "eye of the storm".
