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Trump shares handwritten note to Powell: ‘You have cost the USA A Fortune’
- Trump shared a handwritten note to Jerome Powell, stating, 'You have cost the USA a fortune and continue to do so. You should lower the rate, by a lot!'
- He accused Powell of keeping interest rates too high and declared that 'hundreds of billions of dollars are being lost!'
- Goldman Sachs analysts predict a 75-basis-point rate cut by the end of the year, citing lesser impacts from tariffs and the potential softness in the labor market as factors.
- Trump is considering nominating a new Fed chair as soon as October, urging that he would not appoint anyone who does not support interest rate cuts.
78 Articles
78 Articles
Trump Writes Hand-Written Note To Chairman - Patriot Newsfeed
President Donald Trump is ramping up his campaign to pressure Federal Reserve Chairman Jerome Powell to lower interest rates, this time with a personal — and pointed — note. In a Monday post on Truth Social, Trump publicly shared what amounted to a handwritten rebuke directed at Powell and the Federal Reserve Board, blasting them for keeping rates unchanged despite what he described as a dramatically improved economic outlook. “Jerome ‘Too Late’…
From the Fed's number one critics to the president: the US debt is not sustainable, it does not live with the uncertainty generated by the White House announcements
Trump steps up pressure campaign on Powell with handwritten note - Hawaii Tribune-Herald
President Donald Trump stepped up his pressure on the Federal Reserve to lower borrowing costs Monday, accusing its chair, Jerome Powell, in a handwritten note of costing the country “a fortune” and demanding that he cut interest rates “by a lot.”
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