TRUMP LAUNCHES SHARP ATTACK ON THE FEDERAL RESERVE AFTER INTEREST RATE IS FIXED, DESCRIBING THEM AS FAILURES

TRUMP LAUNCHES SHARP ATTACK ON THE FEDERAL RESERVE AFTER INTEREST RATE IS FIXED, DESCRIBING THEM AS FAILURES
TRUMP LAUNCHES SHARP ATTACK ON THE FEDERAL RESERVE AFTER INTEREST RATE IS FIXED, DESCRIBING THEM AS FAILURES

Trump Criticizes the Federal Reserve: President Donald Trump attacked the U.S. central bank after it decided not to lower interest rates.

Blames Them for Inflation: He said the Federal Reserve and its chairman, Jerome Powell, caused inflation and failed to fix it.

Calls Their Work Bad: Trump also accused them of doing a poor job managing banks.

First Decision in Trump’s Second Term: This was the first time the Federal Reserve made an interest rate decision since Trump returned as president.

Interest Rates Stay the Same: The Federal Reserve kept interest rates between 4.25% and 4.5%.

Powell Defends the Decision: Powell said the bank is not in a hurry to lower rates because the economy's future is uncertain.

Trump’s Economic Plans: Trump wants big changes, including new tariffs, deportations, and tax cuts.