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Trump bashes Fed after bank doesn't cut rates

1 55
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........

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