Trump says Powell and Fed, ‘failed to stop the problem they created with Inflation’
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Jan. 29, 2025 10:00 p.m.
Trump says Powell and Fed, ‘failed to stop the problem they created with Inflation’
President Trump didn’t hold back on what he thought when the Federal Reserve officials decided during their policy meeting to leave rates unchanged.
“Because Jay Powell and the Fed failed to stop the problem they created with Inflation, I will do it by unleashing American Energy production, slashing Regulation, rebalancing International Trade, and reigniting American Manufacturing,” he posted on his Truth Social platform, which was picked up by NBC News.
“If the Fed had spent less time on DEI, gender ideology, ‘green’ energy, and fake climate change, Inflation would never have been a problem,” he added.