A Stunning Outburst! 😱🚨 Trump Blasts Federal Reserve Chairman as a 'Fool', Interest Rate War on the Brink! 🔥
Trump is firing on all cylinders, lambasting Federal Reserve Chairman Powell as a 'fool', pushing for interest rate cuts! The Federal Reserve maintains interest rates at 4.25%-4.5%, inflation and tariff disputes reignite! 📉 Will the crypto market be shaken? Come and see! 👇
Trump VS Federal Reserve
Furious at Powell: The Federal Reserve kept interest rates unchanged on May 7, Trump lashed out on Truth Social, calling Powell an 'ignorant fool', mocking him for lowering interest rates 'too late', yet joking that he 'really likes him'!
Interest Rate Cut Controversy: Trump claims falling oil prices and food costs mean inflation is under control, urging for rate cuts; Powell counters that Trump's tariffs have driven up inflation, with both sides at odds!
Economists Fire Back: Peter Schiff criticizes Trump's contradictory logic, stating that economic prosperity does not require interest rate cuts!
Market Impact
The Federal Reserve's cautious stance may stabilize the market, but Trump's hardline rhetoric could trigger volatility, crypto investors need to be vigilant!
Conclusion
Trump's angry confrontation with the Federal Reserve, is a storm of interest rate cuts on the horizon? Which side are you on? Join the heated discussion! 💥🌩️