Trump bombarded the chairman of the Federal Reserve: Powell's delay in cutting interest rates has cost the United States hundreds of billions

YieldWhisperer · 2025-06-19T14:12:37+00:00

PANews reported on June 19 that U.S. President Trump said: "'Mr. Too Late' Powell has cost our country hundreds of billions of dollars. He is indeed one of the stupidest and most destructive people in the administration, and the Federal Reserve Committee is complicit. Europe has cut rates 10 times, and we haven't. Our interest rate should have been lowered by 2.5 percentage points (250 basis points), which would have saved billions of dollars on Biden's short-term debt. Our inflation rate is low! "Mr. Too Late" is a disgrace to the United States! "

YieldWhisperer

2025-06-19 14:12:37

[Chain News] PANews June 19 report: U.S. President Trump stated: “‘Mr. Too Late’ Powell has cost our country 100s of billions. He is indeed one of the dumbest and most destructive people in the government, and the Federal Reserve Board is complicit. Europe has dropped interest rates 10 times, while we have not. Our interest rates should have been dropped by 2.5 percentage points (250 basis points), which could save billions on Biden’s short-term debt. Our inflation rate is very low! ‘Mr. Too Late’ is a disgrace to America!”

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