Trump attacks Fed after no change in interest rates

President Trump renewed his criticism of the Federal Reserve and Chairman Jerome Powell after the central bank left interest rates unchanged at its January meeting.

Trump accused the Fed of mishandling the economy and failing to address inflation, which has decreased to 2.9% but remains above the bank’s 2% target.

Powell stated that the Fed was cautious about further rate cuts due to economic uncertainties.

Trump, who has called for lower interest rates, also proposed policies such as tariffs and tax cuts that could impact inflation, the BBC has reported.

read more: https://www.bbc.com/news/articles/c78w1x7lwd1o

Links for B.C.

Visit My Website
https://bcbegley.com

Follow Me On Facebook
https://www.facebook.com/B.C.Begley

Subscribe To My Patreon
https://www.patreon.com/bcbegley

Watch Me On YouTube
https://www.youtube.com/channel/UCGoUf-QQTlTN-BIh3ERCE9A

Follow Me On Twitter
https://twitter.com/BC_News1

Watch Me On Rumble
https://rumble.com/c/c-280191

Follow Me On Gab
https://gab.com/BC_Begley

Follow Me On Truth Social
https://truthsocial.com/@BC_Begley

Follow Me On BlueSky
https://bsky.app/profile/bcbegley.bsky.social

#Trump #FederalReserve #InterestRates