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Trump slams Powell again, claiming he knows 'much more than he does about interest rates'


Published on 2025-04-30 13:46:36 - Fortune
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  • "I have a Fed person who is not really doing a good job," the president said at a rally.

In an article from Fortune, former President Donald Trump criticizes Federal Reserve Chairman Jerome Powell for raising interest rates, claiming that it is slowing down the U.S. economy. Trump argues that the Fed's actions are making it harder for businesses to borrow and invest, and that the U.S. should be taking advantage of low interest rates like other countries. He also suggests that Powell is trying to prove his independence from the White House by raising rates, and calls for the Fed to cut rates to stimulate economic growth.

Read the Full Fortune Article at:
[ https://fortune.com/article/trump-slams-powell-fed-interest-rates/ ]