menu_open Columnists
We use cookies to provide some features and experiences in QOSHE

More information  .  Close

Trump bashes Fed after bank doesn't cut rates

4 0
30.01.2025

President Trump ripped the Federal Reserve and the man he appointed to lead it Wednesday after the central bank kept interest rates steady.

In a post on Truth Social, the president accused the Fed and Powell of allowing inflation to spiral to four-decade highs in the aftermath of the COVID-19 pandemic and recession.

"Because Jay Powell and the Fed failed to stop the problem they created with Inflation, I will do it by unleashing American Energy production, slashing Regulation, rebalancing International Trade, and reigniting American Manufacturing, but I will do much more than stopping Inflation, I will make our Country financially, and otherwise, powerful again!"........

© The Hill