Trump again calls out Powell: interest rates should be cut by at least 2 to 3 percentage points

GateUser-6433627c · 2025-06-24T09:48:55+00:00

[Trump Calls Powell Again: Should Drop Interest Rates by at Least 2 to 3 Percentage Points] US President Trump stated on his social media platform "Truth Social" that "it’s too late, Mr. The Federal Reserve (FED) Chairman Jerome Powell will explain today in Congress why he refuses to drop interest rates. Europe has dropped rates 10 times, while we have done it 0 times. There is no inflation, the economy is booming — we should at least drop by 2 to 3 percentage points. It would save the US $800 billion each year.

GateUser-6433627c

2025-06-24 09:48:55

[Trump Calls on Powell Again: Should Drop Interest Rates by at Least 2 to 3 Percentage Points] U.S. President Trump stated on his social media platform “Truth Social” that, "Too late, Mr. The Federal Reserve (FED) Chairman Jerome Powell will explain in Congress today why he refuses to drop the interest rate. Europe has dropped rates 10 times, while we have done so zero times. There is no inflation, the economy is booming - we should at least drop by 2 to 3 percentage points. This will save the U.S. $800 billion each year.

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