Rocky Mountain Voice

Tag: Federal Reserve Chair

Interest rates stay put: President Trump says Powell is costing the country trillions
THE HILL, Approved, National

Interest rates stay put: President Trump says Powell is costing the country trillions

By Alex Gangitano | The Hill President Trump on Thursday blasted Federal Reserve Chair Jerome Powell, lodging insults at the head of the central bank for opting again to not lower interest rates. “Jerome ‘Too Late’ Powell has done it again!!! He is TOO LATE, and actually, TOO ANGRY, TOO STUPID, & TOO POLITICAL, to have the job of Fed Chair,” Trump wrote in a post on Truth Social. “He is costing our Country TRILLIONS OF DOLLARS, in addition to one of the most incompetent, or corrupt, renovations of a building(s) in the history of construction! Put another way, ‘Too Late’ is a TOTAL LOSER, and our Country is paying the price!” the president added. The nation’s central bank on Wednesday kept short-term interest rates at a level of 4.25 p...

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