5
Jun
Trump Ramps Up Attacks on Fed Chair Powell After Weak Jobs Report Spurs Rate Cut Calls
Politics

Trump Ramps Up Attacks on Fed Chair Powell After Weak Jobs Report Spurs Rate Cut Calls

After May's sluggish jobs report, Trump criticized Fed Chair Powell, demanding immediate rate cuts and blaming him for U.S. economic woes. Powell has held firm, citing the need to address inflation, while Europe pushes ahead with more aggressive rate reductions. The uneasy dynamic adds new pressure to U.S. monetary policy.

Kellan Fitzpatrick