October 29, 2025
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Ahead of Fed Chair Jerome Powell's announcement on Rate Cuts, President Donald Trump took direct aim at Federal Reserve Chair Jerome Powell, mocking him as “Jerome Too Late” and calling him “incompetent.” Trump criticized Powell for acting too slowly on interest rate cuts, arguing that the U.S. should have “the lowest interest rates of any country.”
Trump said Powell will be “out of there in another couple of months,” vowing to appoint a Fed chief “we all like.” He contrasted Powell’s leadership with what he called America’s economic strength under his administration — citing rising wages, and falling prices for energy, gas, and groceries.
#trump #jeromepowell #fomc #interestrates #economy #apecsummit
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