$USDC President Donald Trump has strongly criticized Federal Reserve Chairman Jerome Powell, particularly in the context of the ongoing Fed meeting. Trump called Powell "stupid" and argued that he would not implement the rate cuts he expected. According to Trump, interest rates in the U.S. should have been lowered by at least 2 percentage points, while European countries have made 10 rate cuts.
Trump also pointed out that Powell is political and has caused significant damage to the U.S. economy. This criticism reflects Trump's views on how the Fed manages monetary policy, especially in light of recent economic challenges. Trump has always emphasized that lowering interest rates is necessary to boost economic growth and support the market.$USDC