
Fed Chair Powell called 'MORON' as rates stay 4.5% - why experts say this changes everything
Key Points
- Trump criticizes the Fed for holding interest rates steady, ...
When the most powerful person in monetary policy gets called a "stubborn MORON" by a former president, you know we've officially entered uncharted territory. Jerome Powell's Federal Reserve is holding interest rates steady between 4.25% and 4.5%, and Donald Trump is about as happy as a day trader watching his options expire worthless.
Trump's latest tantrum includes demanding resignations from Fed officials and cranking up the pressure like a margin call you can't meet. His argument? The Fed's steady-rate strategy is strangling economic growth and making the national debt situation worse than...
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