2025-05-08 14:48:01

#GT #BTC #XRP #ETH #DOGE #BTC

Trump describes Jerome Powell as a fool, here’s why
The president responded to Jerome Powell after the Federal Reserve's decision to keep interest rates unchanged. Trump described Jerome Powell on his "Truth Social" page as "too late" and "a fool who knows nothing."

Despite the insulting comment, Trump added a sarcastic phrase: "Other than that, I like him a lot!". This comment is part of Trump's pattern of publicly denouncing officials while claiming personal affection.
President Donald Trump criticized Federal Reserve Chairman Jerome Powell following his decision to keep current interest rates unchanged. The Federal Open Market Committee concluded its two-day meeting on May 7 by announcing that the benchmark interest rates would remain steady at a range of 4.25% to 4.5%, in line with market expectations. The president expressed his dissatisfaction with Powell's stance on monetary policy through social media. Meanwhile, the Federal Reserve is keeping interest rates steady.
Donald Trump describes Jerome Powell as "the fool" while the Federal Reserve keeps interest rates steady.

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