The post Trump Urges Federal Reserve Chair Powell to Cut Interest Rates, Criticizes Inflation Stance appeared on BitcoinEthereumNews.com.

Former President Donald Trump renewed his criticism of Federal Reserve Chair Jerome Powell on the social media platform Truth, urging a decisive reduction in interest rates. Trump argued that a modest cut of one to two basis points could potentially save the U.S. government up to $1 trillion annually in expenditures. Despite his firm stance, Trump acknowledged that his critiques might complicate Powell’s ability to implement such monetary policy adjustments. He emphasized that current inflation levels do not justify maintaining higher rates and dismissed concerns about hypothetical future inflation as premature. Trump also questioned the Federal Reserve Board of Governors’ decision not to replace Powell, labeling him ineffective and suggesting that his term’s imminent conclusion might render a replacement unnecessary. This commentary highlights ongoing debates surrounding the Fed’s approach to interest rate management amid evolving economic conditions, underscoring the tension between political figures and central bank policies. ‘, ‘ 🔒 Secure and Fast TransactionsDiversify your investments with a wide range of coins. Join now! ‘, ‘ 💎 The Easiest Way to Invest in CryptoDont wait to get started. Click now and discover the advantages! ‘ ]; var adplace = document.getElementById(“ads-binance”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex; adplace.innerHTML = adscodesBinance[adsindex]; sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBinance”, sessperindex); } })(); Source: https://en.coinotag.com/breakingnews/trump-urges-federal-reserve-chair-powell-to-cut-interest-rates-criticizes-inflation-stance/

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Filed under: News - @ June 21, 2025 1:31 am