Trump calls Fed chief Powell 'numbskull' as he urges interest rate cut

cnbc.com/2025/06/12/trump-powell-numbskull-fed-rates.html

President Donald Trump ripped Federal Reserve Chair Jerome Powell as a "numbskull" on Thursday as he turned up the heat on the central bank chief to lower interest rates.
Trump claimed at the White House that lowering rates by two percentage points would save the U.S. $600 billion per…

This story appeared on cnbc.com, 2025-06-12 16:13:55.457000.
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