Trump Slams Fed Chair Powell: “Too Late and Wrong”
Former U.S. President Donald Trump has launched a scathing attack on Federal Reserve Chairman Jerome Powell, criticizing him for failing to cut interest rates.
In a post on his TruthSocial platform Thursday, Trump labeled Powell as “always TOO LATE AND WRONG,” voicing frustration over the Fed’s monetary policy decisions.
“Powell’s termination cannot come fast enough” Trump wrote. He argued that Powell should have followed the lead of the European Central Bank and lowered rates much earlier — and insists that a cut is overdue even now.
The comments mark yet another chapter in Trump’s long-running feud with Powell, reflecting deep divisions over the direction of U.S. economic policy as the 2024 election looms.
Alexander Zdravkov is a market analyst and crypto journalist with interests in economics, broader financial markets and digital assets. His journey into crypto began more than four years ago, driven by a fascination with the rapid evolution of blockchain technology and the transformative potential of decentralized finance. He began analyzing market cycles and identifying emerging trends before they reach the mainstream. He holds a degree in International Relations - a background that helped shape his broader perspective on global economics, geopolitics, and the interconnected nature of modern financial markets. Whether covering the latest developments in the crypto sector or exploring broader macroeconomic themes, Alexander focuses on giving readers context rather than simply repeating headlines. During his career, he has authored more than 10,000 articles covering cryptocurrencies, traditional finance, and global market developments. His work spans everything from Bitcoin and altcoins to macroeconomic trends influencing risk assets worldwide.
