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Al Jazeera
Al Jazeera
Politics

Trump again slams ‘stupid’ US Fed chairman over interest rate levels

US Federal Reserve Chairman Jerome Powell testifies during a Senate Banking Committee hearing on March 3, 2022 in Washington, DC, the US [File: Tom Williams/Pool via Reuters]

United States President Donald Trump has again attacked Federal Reserve Chair Jerome Powell, stepping up criticism that has sparked concerns over efforts to undermine the independence of the country’s central bank.

In remarks before religious figures at the White House on Monday, Trump called Powell a “knucklehead” and insisted that he should lower interest rates.

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