this post was submitted on 14 Jul 2025
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Trump again slams ‘stupid’ US Fed chairman over interest rate levels (www.aljazeera.com)
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Author: Al Jazeera
Published on: 14/07/2025 | 00:00:00

AI Summary:
Trump called Powell a 'knucklehead' in remarks before religious figures at the White House. Trump insisted that he should lower interest rates. Trump insists inflation is not currently a serious concern for the economy. The central bank chief has thus far refused to budge on the question of interest rates. Trump said over the weekend that he is planning to place important US trading partners under a 30 percent tariff starting on August 1. Vought played an important role in the controversial conservative blueprint for a second term. Project 2025 envisions a radical restructuring of government and consolidation of greater power in the executive branch.

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