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May 8, 2025

Trump Calls Jerome Powell a ‘Fool’ Amid Fed Rate Decisions

In a noteworthy moment, President Trump criticized Federal Reserve Chair Jerome Powell, labeling him a ‘fool’ after the central bank opted to maintain interest rates in a range of 4.25% to 4.5%. This decision follows a consistent hold on rates since December, raising questions about the Fed’s monetary policies. Trump’s comments highlight the ongoing tension between the White House and the Federal Reserve as they navigate economic challenges. Investors must pay attention to this relationship, as statements and decisions from both parties could influence market sentiment and policy direction going forward.

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