US Federal Reserve Chairman Jerome Powell awaits a speech on June 2, 2025, on the 75th anniversary of the International Treasury Department of the Federal Reserve’s International Treasury Department of the Washington, DC.
Andrew Caballero-Reynolds | AFP | Getty Images
president Donald Trump Tear Fed Chair Jerome Powell On Thursday as “numbskull”, when Central Bank The person in charge of lowering interest rates.
Trump claimed at the White House that reducing interest rates by two percentage points would save $600 billion a year, but we can’t let this person do that. ”
“We’re going to spend $600 billion a year, $600 billion, and that’s because of a numbness sitting here (and saying) ‘I don’t have enough reason to lower interest rates.”
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