Trump on Fed: 'No 'guts,' no sense, no vision!'

Reuters Politics 1 month ago

WASHINGTON (Reuters) - President Donald Trump blasted the Federal Reserve for delivering only a quarter-percentage point interest rate cut on Wednesday, saying the central bank and its leader, Jerome Powell, had “No ‘guts,’ no sense, no vision!”

“A terrible communicator,” Trump said of Powell in his latest Twitter attack on the central bank, less than a half hour after the Fed announced its second rate reduction this year.

“Jay Powell and the Federal Reserve Fail Again,” he said.

Source link
Read also:
RT › Finance › 0 month ago
The US Federal Reserve has cut interest rates for the second time since 2008, to a range of 1.75 to 2 percent. The move was met with disdain from US President Donald Trump, who was hoping for a larger cut. Read Full Article at
Fox News › 3 weeks ago
Former White House Communications Director Anthony Scaramucci ramped up his crusade against his former boss, President Trump, on Wednesday by claiming many Republican senators on Capitol Hill “hate” his guts and don't think they can win in 2020...
The Guardian › Finance › 1 month ago
Central bank approves quarter-point interest rate reductionTrump tweets: ‘Jay Powell and the Federal Reserve fail again!’ Under pressure from Wall Street and the White House, the Federal Reserve lowered interest rates on Wednesday for a second...
Washington Examiner › 10 hours ago
The CEO of Dick's Sporting Goods took aim at Senate Majority Leader Mitch McConnell in a recent interview saying that the Kentucky senator didn't have the "guts" to schedule a vote on a bill that would require universal background checks for gun sales.
Axios › Finance › 1 week ago
The U.S. economy looks good to Jerome Powell.The big picture: The Fed chairman laid out his rose-colored vision of the country on Tuesday at the National Association for Business Economics conference. The economy is neither too hot nor too cold...
Business Insider › Finance › 3 weeks ago
Some of the biggest and most promising tech companies in the world including Uber, WeWork, Indian ecommerce giant Flipkart and TikTok owner ByteDance have raised billions from a single, massive investor — SoftBank's Vision Fund. The Vision Fund is...
Forbes › 1 week ago
Machine vision, a combination of hardware and software that work together to help machines “see” something and then act, is prevalent in business today. With the support of artificial intelligence algorithms along with vision, machines...
Reuters › Finance › 2 days ago
A low interest rate environment sets limits on what the Federal Reserve can accomplish with monetary policy, making it important for the Fed to "proactively" cut rates when risks appear to provide a buffer for the economy, Chicago Fed President Charles...
Washington Post › Politics › 1 day ago
What he says happened makes no sense. What he says Trump wanted makes no sense.
The Inquisitr › 3 days ago
An Ohio farmer, fed up with the toll Donald Trump‘s trade war with China is taking on his profits, has a message for the president: “I wouldn’t vote for you if you walked on water.” As CNBC reports, soybean farmer Christopher Gibbs is so fed up...
Sign In

Sign in to follow sources and tags you love, and get personalized stories.

Continue with Google