Trump criticizes Jerome Powell after the federal reserve

president Donald Trump It is separated from the President of the Federal Reserve Jerome Powell On Thursday, he described it as “devastating” after the central bank Keep interest rates fixed Wednesday.

Trump said that “it is too late,” the Powell of the United States costs “hundreds of billions of dollars” by not lowering prices, which leads to familiar criticism against the Federal Reserve Chairman, who has repeatedly ignored a campaign to pressure Trump to reduce prices.

“We must be less than 2.5 points, and provide billions of dollars on all short -term debts,” Trump wrote on Thursday. Social truth.

Trump also criticized Powell late on Wednesday, describing him as a “real doll” on a nearby night Social truth.

“At the present time, we are in a good position to wait to learn more about the potential path of the economy before considering any amendments to our policies,” said Powell, whose term ends in May 2026.

Trump’s comments were in response to the Federal Open Market Committee Maintaining the target borrowing rate in a range ranging from 4.25 % -4.5 %And he is equal to his place since December.

The criticism was not surprising, as President Powell has long criticized the failure to reduce interest rates.

Recently, on Wednesday morning, the Federal Reserve was to be released on interest rates, and Trump said: “So we have a stupid person. Frankly, you 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 he assigns the country a wealth,” he said outside the White House.

Trump even thought about appointing himself to lead the federal reserve, saying: “I will do much better than these people.”

Trump said he intends to announce his choice of the next president of the Federal Reserve.Very soon“