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News in English (USA) / 30.01.2025 / 10:00

Donald Trump Criticizes Federal Reserve Over Interest Rates and Inflation

Former President Donald Trump has launched a vigorous attack on the Federal Reserve and its chair, Jerome Powell, after the central bank chose to maintain current interest rates. Trump accused the Fed of mismanagement in handling inflation and banking regulations, claiming that their indecision has exacerbated economic challenges. He insists that he knows more about interest rates than Powell and is demanding immediate cuts to help alleviate the cost-of-living crisis. Experts warn, however, that the Federal Reserve must uphold its independence and resist external pressures for monetary policy changes, as Trump’s confrontational approach continues to draw attention. The current standoff raises questions about the potential impact on Wall Street and broader economic stability.
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