💥Donald Trump has once again attacked the Federal Reserve, this time accusing the entire board of "sabotage" and labeling Jerome Powell as "destructive". He insists that the Fed should have lowered rates by 2.5 points to save billions.
The irony is that most of the board members, including Powell, were appointed by Trump himself. Despite his bipartisan support in Congress, Trump continues to attack Powell, who has made it clear that there will be no rate cuts soon. Is this an attempt to destabilize or a political maneuver for his base amid inflation? The credibility of the world’s most powerful institution is at stake.