US EditionTrump Again Attacks Fed Chair Powell
- President Donald Trump criticized Federal Reserve Chair Jerome Powell for allegedly damaging the housing industry, stating he is 'hurting' it 'very badly' due to high interest rates.
- Inflation remains above the Fed's 2% target, with consumer price inflation at 2.7% in July according to recent data.
- Trump stated on Truth Social that homeowners cannot get mortgages because of Powell's actions and that 'every sign is pointing to a major Rate Cut.
33 Articles
33 Articles
Donald Trump returns to hit hard against the Federal Reserve and its summits on the eve of the expected annual meeting of the central bankers in Jackson Hole, Wyoming. In a post on Truth, the American president again attacked Jerome Powell renamed him "Too Late" and accused him of seriously harming the real estate sector. "Because he didn't lower interest rates. "Because of him people can't get a mortgage. There is no inflation and all the signs…
The request after the accusations of an ally of the president for alleged illicit statements to obtain the mortgage
Trump Pressures Powell on Rates Amid Fed Succession
Amid Federal Reserve Board succession and interest rate cuts talk, President Donald Trump is blasting "too late" Federal Reserve Chair Jerome Powell for tanking the struggling housing market. "Could somebody please inform Jerome 'Too Late' Powell that he is hurting the housing industry, very badly?" Trump wrote in a Truth Social post Tuesday night. "People can't get a Mortgage because of him. There is no Inflation, and every sign is pointing to …
Powell’s Global Peers to Cheer for Fed in Rebuke to Trump
Central bankers gathering in Jackson Hole, Wyoming this week for the Federal Reserve’s annual conference are prepared to go beyond swapping research papers and savoring mountain views — they’re coming to defend Jerome Powell.
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