Trump's Fiery Critique of Fed Chair Powell Resurfaces
In a renewed criticism, U.S. President Donald Trump condemned Federal Reserve Chairman Jerome Powell, targeting the timing of Federal actions. Trump's remarks follow a Federal Reserve decision to maintain steady interest rates, highlighting dissatisfaction with perceived delays and their impact on the nation.
Devdiscourse News Desk | Washington DC | Updated: 31-07-2025 16:51 IST | Created: 31-07-2025 16:51 IST
- Country:
- United States
U.S. President Donald Trump once again directed criticism at Federal Reserve Chairman Jerome Powell, following the central bank's decision to keep interest rates unchanged. This move, decided by a 9-2 vote, was not well-received by Trump.
On his social media platform, Trump labeled Powell as 'Jerome "Too Late" Powell' and accused him of delayed actions. Trump's message conveyed a strong disappointment, suggesting that Powell's timing is affecting the nation adversely.
The Federal Reserve's choice to hold rates comes amid ongoing scrutiny from Trump, who believes that the U.S. is 'paying the price' for what he perceives as Fed missteps.
(With inputs from agencies.)
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