
Trump Takes Aim at Fedâs Powell Over InterestâRate Timing
âĒBy ADMIN
U.S.âŊPresidentâŊDonald Trump slammed Federal Reserve Chair Jerome Powell on Wednesday, accusing him of delaying interestârate cuts and calling him âJerome âToo LateââŊPowellâ during a speech in Gyeongju, South Korea.
Trump criticized the Fed for what he described as stubborn inaction, saying it should not raise rates out of fear of inflation âin three years from now.â He projected the U.S. economy would grow 4âŊ% in Q1âŊ2026âwell above most forecastsâand challenged the Fed by saying its hesitance was hurting business sentiment and lagging behind Europe.
He also highlighted major investment commitments by global companies in the U.S., mentioning names like TSMC, SoftBank and Hyundai Motor Co, and suggested enhanced industrial collaboration with South Korea and Japan.
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