Trump Blasts Powell: “Even a 3rd Grader Would Know to Cut Rates”
President Donald Trump sharply criticized Federal Reserve Chair Jerome Powell over interest rate policy, saying “even a third grader would know to cut rates.” Trump argued the Federal Reserve should move faster to lower borrowing costs, claiming current policy is slowing economic momentum. Trump has repeatedly called for rate cuts, saying lower interest rates would strengthen growth and help American businesses compete globally. The comments add to the ongoing clash between the administration and the Federal Reserve over monetary policy and economic strategy.