Charles Payne Paine is discussing President Donald Trump at Federal Reserve Chairman Jerome Powell after the most soft consumer price index report.
president Donald Trump Federal Reserve Chairman Jerome Powell criticized on Wednesday, hours before the Central Bank interest rate decision, describing him as a “stupid person”.
“We have a stupid person, frankly, At the Federal Reserve,Trump said, “Maybe it will not cut off today. Europe had 10 discounts and we had nothing. I think he is a political man, I don’t know. He is a political man who is not a smart person. But it costs the country a fortune. “
The Federal Reserve will announce its latest decision on lower interest rates on Wednesday.
Goldman Sachs says that under the independence of the central bank has economic repercussions
President Donald Trump, on the left, Federal Chairman Jerome Powell, fired a “stupid person” before the interest rate of the central bank on Wednesday. (Saul Loeb / AFP via Getty Images / Getty Images)
It is widely expected that the central bank will leave interest rates without changing this week, making it four consecutive meetings in which the central bank has left prices unchanged. The standard federal funds have been targeted from 4.25 % to 4.5 % since the last interest rate of the Federal Reserve in December was reduced.
VANCE repeats Trump’s invitation to Powell’s Powell to reduce interest rates: “Critical Display”
“if it was Anxiety about inflation, That’s good, I understand it, “Trump said. I don’t think there will be anything, so far there was no.”
The President of the Federal Reserve, Jerome Powell, responds to a question during a discussion on the stage at a meeting of the Economic Club in Washington at the Renaissance Hotel in Washington, DC. (Reuters / Amanda Andradi Raid / Reuters Pictures)
“We just have a man who refuses to reduce the federal reserve rate. He just refuses to do so. He is not a smart person. I don’t even think he is political. I think he hates me, but this is good.”
President Donald Trump speaks to media members accompanied by workers during the installation of a new mast in the southern grass at the White House in Washington, DC, on June 18, 2025. (Reuters/Kevin Lamark)
the Federal Reserve and Powell It faced political pressure from the Trump administration to the low stimulation rates.
On Wednesday, Vice President JD Vance chanted Trump’s invitations to the Federal Reserve to reduce interest rates.
“The president used to say this for a while, but it’s more clearly: The Federal Reserve to reduce prices is a cash misconduct,” Vans wrote in a post on X.
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Trump recently stolen the Federal Reserve Chair earlier this month after the May report was issued stronger than expected.
“It is too late” at the Federal Reserve Disaster! “Trump wrote in a post on social truth.” Europe had 10 price cuts, we had nothing. Although, our country works great. Go to a complete degree, missile fuel! “
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