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Within the year, Trump has publicly criticized the Fed over 12 times, demanding an immediate rate cut

2025-05-07 17:25

BlockBeats News, May 7th. According to statistics, within the year, Trump has publicly criticized the Fed more than 12 times, demanding an immediate rate cut, as follows:


In January of this year, Trump criticized the Fed for the first time since taking office, demanding an "immediate rate cut" and implying "I understand interest rates better than Powell."


During the January Fed meeting, Powell emphasized the lack of urgency for a rate cut. Trump then criticized on social media: Powell and the Fed failed to prevent the inflation problem they created.


In March of this year, Trump once again called out Powell on social media: As U.S. tariffs (gradually) begin to impact the economy, a rate cut by the Fed would be much better. Do the right thing!


In early April of this year, Trump called out Powell: Cut rates, stop playing politics! It is the best time for Powell to cut rates now. Powell always acts too late.


On April 17th, Trump criticized Powell on social media: Powell's "actions are too slow," he always acts too slowly and makes wrong decisions. Powell should be fired as fast as possible!


On April 18th, Trump once again emphasized his dissatisfaction with Powell, believing that Powell is "playing politics," saying he believes Powell will resign as per his request, but Trump also stated that he does not regret nominating Powell.


On April 21st, Trump mocked Powell as "Mr. Too Late" on social media, "a big loser," believing Powell is always 'late.' Trump stated that there is almost no inflation, urging Powell to cut rates as soon as possible.


On April 22nd, Trump's attitude took a 180-degree turn, stating that there are no plans to fire Powell, and the media always messes things up. He also said that now is the perfect time for the Fed to cut rates, hoping Powell can cut rates early or on time, rather than too late.


On April 24th, Trump reiterated that the Fed should cut rates, hoping the Fed would cut rates and once again criticized the Fed for its slow action.


On April 29th, Trump boasted about his first 100 days in office, claiming to understand interest rates better than the Fed Chair, and criticizing the poor performance of Fed officials.


On May 2nd, after the non-farm payroll report was released, Trump once again called for a rate cut, stating that tariffs have brought in billions of dollars in revenue, and the current situation is just a transitional phase where the Fed should lower rates.


On May 4th, during an interview, Trump explicitly stated for the first time that he will not consider removing Powell before the end of his term in 2026, while reaffirming that the Fed should lower rates. U.S. small businesses do not need any relief.


The Federal Reserve is set to announce its interest rate decision on May 7. The market widely expects rates to remain unchanged, and President Trump may once again launch a fierce attack on Powell in response to this decision. (Xinhua Finance)

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