President Trump says Fed Chair Jerome Powell is a "FOOL, who doesn't have a clue."
President Trump didn’t hold back, calling Fed Chair Jerome Powell a “fool” and claiming he “doesn’t have a clue.” Clearly, the tension over monetary policy isn’t going away anytime soon.
Powell has made his position clear
The stock and bond market are going to do crazy things with 90 deals in 90 days
Maybe Japan and China will sell treasuries at a rapid pace, maybe they won’t
Maybe there will be deals and maybe there won’t
So why would JP jump in while the children are playing.. he has to wait to see what the fallout of these shenanigans is
Presently the only deal they have is with the UK, which was a given since they were already subsidizing the US.
This was the statement made by President Trump on his X post .
"Too Late" Jerome Powell is a FOOL, who doesn't have a clue. Other than that, I like him very much! Oil and Energy way down, almost all costs (groceries and "eggs") down, virtually NO INFLATION, Tariff Money Pouring Into the U.S. — THE EXACT OPPOSITE OF "TOO LATE!" ENJOY!
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