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Trump calls Fed chair Powell ‘stupid’ and ‘political’ after latest decision not to cut rates: ‘We have no inflation, we have only success’
fortune.com/2025/06/19/trump-fed-chair-powell-stupid-political-no-cut-rates-inflation-success
The Federal Reserve kept its key rate unchanged Wednesday as it waits for additional information on how tariffs and other potential disruptions will affect the economy this year.
The Fed’s policymakers signaled they still expect to cut rates twice this year, even as they also project that…
This story appeared on fortune.com, 2025-06-19 08:02:28.