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The Wall Street Journal editorial board has Jerome Powell’s back following President Trump’s blistering social media criticism of the Federal Reserve chair this week after he offered negative economic predictions over Trump’s tariffs.

“The problem for Mr. Trump is that Mr. Powell spoke the truth,” the conservative-leaning board wrote in an editorial published Friday. “The main lesson from Trump vs. Powell is that the central bank can’t make up for the economic policy errors of politicians.”

Trump bashed Powell, whom he appointed to the position during his first term in 2018, in a Truth Social post early Thursday morning, writing “Powell’s termination cannot come fast enough!”

“If I want him out, he’ll be out of there real fast, believe me,” Trump told reporters later that day. “I’m not happy with him. I let him know it.”

Powell drew Trump’s ire after he offered a grim assessment Wednesday of the economic outlook in light of Trump’s massive tariff overhaul announced April 3. The remarks prompted a steep drop in securities markets.