Comments from Donald Trump on the Fed and Powell: Not a very smart person

Uzmancoin

2025-06-18 06:26:05

Donald Trump made statements ahead of the Fed’s interest rate decision. Stating, as he has for a long time, that interest rates need to fall, Trump said, “Interest rates should come down to reduce borrowing costs. We should be 200 basis points lower right now, but they probably won’t cut rates today either.”

“Powell is not a smart person”

Trump, who also criticized Fed Chairman Powell, said, “I don’t see Powell as a very smart person. He probably won’t lower interest rates today either. The Fed has not done a good job so far. It would have been nice if we were 250 basis points lower.”

Published: June 18, 2025 17:26 Last Updated: June 18, 2025 17:31

View Original

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Comment

0/400

No comments