
President Donald Trump called Federal Reserve Chair Jerome Powell a "FOOL" for not lowering interest rates on Wednesday, claiming that there is "NO INFLATION" in the United States.
In a post on his social media platform, Truth Social, Trump said Powell "doesn't have clue." ". Other than that, I like him very much! Oil and Energy way down, almost all costs (groceries and "eggs") down, virtually NO INFLATION, Tariff Money Pouring Into the U.S. — THE EXACT OPPOSITE OF "TOO LATE!" ENJOY!" Trump added.