💥 Trump: Jerome Powell is an "idiot" and lowering interest rates now is a necessity! 💥
In a fiery new statement, U.S. President Donald Trump attacked Federal Reserve Chairman "Jerome Powell," calling him an "idiot" and a "complete disaster," and said that Powell could have saved America a trillion dollars annually if he had lowered interest rates to 1% or 2%.
Trump confirmed that the U.S. economy is in a strong position and is not currently suffering from inflation, making a rate hike unjustified. He also attacked the Biden administration for reappointing Powell, saying he is someone who "hates Trump" and should be removed immediately.
🔻 According to Trump's perspective:
• Lowering rates now = Economic rescue 🇺🇸
• Raising rates = A wrong decision based on "imaginary future fears"
• If inflation appears later? Raise the rates then!
👤 My personal opinion:
This statement reflects intense political pressure on the U.S. Federal Reserve, and opens the door to the possibility of significant changes in U.S. monetary policy if Trump returns to the presidency with full powers.
The question for you:
Do you support lowering interest rates now as Trump says?
📈 Yes, without a doubt
❤️ No problem with maintaining, we wait for clarity
📉 No, lowering rates now could cause strong inflation later
