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
Reporter at Coindoo
Alexander Zdravkov is passionate about questions of meaning. He is a fluent German speaker as well as He has been in the crypto space for more than three years and has an eye for spotting emerging trends in the world of digital currencies. Whether providing in-depth analysis or reporting on all topics on a daily basis, his deep understanding and enthusiasm for what he does makes him a valuable addition to the team.
