Trump warns of economic slowdown unless Fed cuts rates

[Anta Assamey]

(Reuters) -The U.S. economy could slow down unless interest rates are lowered immediately, President Donald Trump said on Monday, repeating his criticism of Federal Reserve Chair Jerome Powell.

"With these costs trending so nicely downward, just what I predicted they would do, there can almost be no inflation, but there can be a SLOWING of the economy unless Mr. Too Late, a major loser, lowers interest rates, NOW," Trump said in a post on Truth Social.

U.S. stocks, which opened lower on Monday on investor worries about Trump's escalating attacks on Powell, slid further after the president's social media post. The benchmark S&P 500 Index was down 2% on the day.

The Fed's wait-and-see approach on interest rates has angered Trump. On Friday a Trump adviser said the administration is studying options for firing Powell, fueling concerns about the central bank's autonomy and rattling investors grappling with an intensifying trade war.

[paaparao]

it is true.

2024 before elections -> Fed cut rates 50 BPS saying economy stabilized with decreasing inflation. 

2025 March after elections -> Fed says economy is not doing good. inflation is stablized. But interest not cutting down.

jerome poweel is purely playing politics. worst Fed Chair in history. He is always too late. too slow. USD is depreciating still won't cut rates.

[Anta Assamey]

6 minutes ago, paaparao said:

it is true.

2024 before elections -> Fed cut rates 50 BPS saying economy stabilized with decreasing inflation. 

2025 March after elections -> Fed says economy is not doing good. inflation is stablized. But interest not cutting down.

jerome poweel is purely playing politics. worst Fed Chair in history. He is always too late. too slow. USD is depreciating still won't cut rates.

TRUMP is the one who nominated Jerome Powell to the Fed Chair position...

[megadheera]

12 minutes ago, Anta Assamey said:

TRUMP is the one who nominated Jerome Powell to the Fed Chair position...

You don’t know art of the deal 

[paaparao]

17 minutes ago, Anta Assamey said:

TRUMP is the one who nominated Jerome Powell to the Fed Chair position...

may be. but he became political activist with igo playing experiments with economy. he doesn't even consider debt factor in Revenue and its reliance on interest rates.