Trump accuses Fed, Powell of creating inflation after bank doesn’t cut rates
- President Donald Trump criticized the Federal Reserve's handling of inflation and banking regulation after the central bank decided to hold interest rates steady at 4.25%-4.5%.
- Trump promised that his administration would unleash lending for all American people and businesses through Treasury-led regulatory reforms.
- Trump claimed that the Federal Reserve and Jay Powell failed to stop inflation, stating, 'We suffered from the worst inflation in the history of our country.'
- Jay Powell sidestepped questions about Trump's criticism, stating, 'It's not appropriate for me to comment on what the President said.
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Coverage Details
Total News Sources0
Leaning Left6Leaning Right8Center8Last UpdatedBias Distribution36% Center, 36% Right
Bias Distribution
- 36% of the sources are Center, 36% of the sources lean Right
37% Center
L 27%
C 37%
R 36%
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