🚨 BREAKING: Trump Slams Jerome Powell Over Interest Rates! 🇺🇸
Donald Trump just blasted Fed Chair Jerome Powell, calling him “the dumbest and most destructive person in government” for not cutting interest rates. 😱
📉 What’s Trump’s argument?
He claims:
Powell’s inaction is costing the U.S. hundreds of billions 💸
Europe has made 10 rate cuts, while the U.S. has made none
Rates should be at least 2.5% lower to ease Biden’s short-term debt burden
Inflation is already under control, so why the delay?
💬 Trump’s full post calls Powell “Too Late” and blames him for missing a critical opportunity to slash borrowing costs and save billions in interest payments.
🔍 Fact Check & Context:
The Fed has kept rates high to battle inflation, which, while down from 9.1% in 2022, still hovers around 3.3% (May 2025 CPI data – U.S. Bureau of Labor Statistics).
Rate cuts in Europe reflect a more stagnant growth situation, while U.S. data shows a still-strong job market and consumer spending.
Powell has signaled caution — not cutting prematurely to avoid reigniting inflation.
🔥 Your Turn
Do you think Powell is playing it safe — or playing with fire? Should the U.S. slash rates like Europe?
💬 Drop your thoughts below! 👇
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