President Donald Trump, who last month said he wouldn’t try to fire Federal Reserve Chair Jerome Powell before his term ends in May 2026, suggested Friday he might change his mind as he continued criticizing the board’s decision this week not to reduce interest rates.
Trump railed against Powell again Friday in a long post on Truth Social, calling him a “numbskull,” “moron,” and “dumb guy.”
On Wednesday, after the Fed decided to hold its benchmark interest rate steady at 4.25% to 4.5%, Trump responded that day in a post on Truth Social calling Powell “a real dummy, who’s costing America $Billions!”
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