Don uKiyah
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Donald Trump says end of Jerome Powell's term as Fed chair 'cannot come fast enough'
Donald Trump is awake. And he has strongly criticised monetary policy by the Federal Reserve, saying the end of Jerome Powell’s tenure as chair “cannot come fast enough”.
In a post on Truth Social, the social network he owns, Trump said that Powell had been too slow to cut interest rates – contrasting its hesistance because of perceived inflationary pressures with the European Central Bank (ECB).
The ECB is due to cut interest rates for the seventh time this year in order to prop up economic growth.
Powell enraged Trump last night by warning that the White House’s massive tariffs could raise inflation. That would make the Fed even more hesitant to cut interest rates.
Donald Trump says end of Jerome Powell's term as Fed chair 'cannot come fast enough'
Donald Trump is awake. And he has strongly criticised monetary policy by the Federal Reserve, saying the end of Jerome Powell’s tenure as chair “cannot come fast enough”.
In a post on Truth Social, the social network he owns, Trump said that Powell had been too slow to cut interest rates – contrasting its hesistance because of perceived inflationary pressures with the European Central Bank (ECB).
The ECB is due to cut interest rates for the seventh time this year in order to prop up economic growth.
Powell enraged Trump last night by warning that the White House’s massive tariffs could raise inflation. That would make the Fed even more hesitant to cut interest rates.
Fidelity Acquires $108 Million in Bitcoin: Major Institutional Investment Signals Bullish Momentum
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Now it’s time to give back.
Giving away 1000 USDC to my loyal Binance Community!
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Let’s build and earn—together!
Now it’s time to give back.
Giving away 1000 USDC to my loyal Binance Community!
How to claim:
1. Follow me on Binance
2. Comment “Followed” below
Let’s build and earn—together!
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