Download Our App

All posts tagged "Meidastouch"

'Tantrum!' Onlookers blast Trump's early morning rant against the Fed's Jerome Powell

'Tantrum!' Onlookers blast Trump's early morning rant against the Fed's Jerome Powell

President Donald Trump's early morning rant against Fed Chairman Jerome Powell, during which he called for Powell's ouster, drew quick response from political pundits.

The strong reaction came after Trump posted to social media about the European Central Bank and Powell's refusal to cut interest rates.

"The ECB is expected to cut interest rates for the 7th time, and yet, 'Too Late' Jerome Powell of the Fed, who is always TOO LATE AND WRONG, yesterday issued a report which was another, and typical, complete 'mess!'” Trump wrote. "Oil prices are down, groceries (even eggs!) are down, and the USA is getting RICH ON TARIFFS. Too Late should have lowered Interest Rates, like the ECB, long ago, but he should certainly lower them now. Powell’s termination cannot come fast enough!"...