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Trump slams Fed Chair Powell as 'stupid person' ahead of rate decision

Posted

June 18, 2025

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President Donald Trump criticized Federal Reserve Chairman Jerome Powell as he spoke with reporters outside the White House on Wednesday morning.

"We have a stupid person, frankly, at the Fed. He probably won't cut today," Trump said.

Later, Trump said of Powell: "He's a political guy who's not a smart person. But he's costing the country a fortune."

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