In a recent post shared to Trump Media & Technology Group-owned social media platform Truth Social, President Donald Trump did not hold back from harshly criticizing Fed Chairman Jerome Powell’s unwavering stance towards interest rates.
“Too Late—Powell is the WORST. A real dummy, who’s costing America $Billions!” wrote Trump in his post.
Not only that, he also included a link to an article published on the National Mortgage News site, which quoted an analysis from Fannie Mae’s and Freddie Mac’s regulator who called for the Federal Reserve Chairman to quit if he continues to maintain the current interest rate.
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