--- title: "Trump is bashing Jerome Powell again after the Fed keeps interest rates steady" description: "President Trump criticized Fed Chair Jerome Powell for not lowering interest rates, calling him a \"FOOL\" on Truth Social. Following the Fed's decision to keep rates steady at 4.25%-4.50%, Trump argued" type: "news" locale: "en" url: "https://longbridge.com/en/news/239436238.md" published_at: "2025-05-08T22:20:09.000Z" --- # Trump is bashing Jerome Powell again after the Fed keeps interest rates steady > President Trump criticized Fed Chair Jerome Powell for not lowering interest rates, calling him a "FOOL" on Truth Social. Following the Fed's decision to keep rates steady at 4.25%-4.50%, Trump argued that inflation is virtually nonexistent and that tariffs are benefiting the U.S. economy. Powell, however, highlighted concerns about above-target inflation and the potential economic impact of sustained tariffs, suggesting that the current rates are appropriate for now to avoid stagflation. Andrew Harnik/Getty Images - President Donald Trump criticized the Fed's decision not to lower interest rates. - "Jerome Powell is a FOOL," he wrote on Truth Social. - The Fed is waiting for greater clarity on the impact of tariffs and the trajectory of the economy. Another Fed meeting has passed without a change in interest rates, and the president is once again displeased. After the US central bank and Fed Chair Jerome Powell opted to keep the benchmark rate level on Wednesday, Donald Trump took to Truth Social to express dismay. "Jerome Powell is a FOOL, who doesn't have a clue," Trump wrote on Truth Social, referring to the central bank chairman. He added: "Oil and Energy way down, almost all costs (groceries and 'eggs') down, virtually NO INFLATION, Tariff Money Pouring Into the U.S. — THE EXACT OPPOSITE OF 'TOO LATE!'" Trump has heaped criticism on the Fed boss in recent months for not lowering borrowing costs, even commenting that he was looking into firing Powell before his term is up in 2026. Trump backed off from that position as markets balked but has kept up his critiques. His latest comments follow Wednesday's meeting, which ended with the federal funds rate unchanged at 4.25%-4.50%. Despite the president's claims of "virtually no inflation," Powell said above-target inflation contributed to the pause, alongside broader uncertainty over what's to come this year amid Trump's tariffs. "If the large increases in tariffs that have been announced are sustained, they're likely to generate a rise in inflation, a slowdown in economic growth and an increase in unemployment," Powell acknowledged during the press conference, emphasizing that rates are in a solid place to wait and see. Rates can boost the economy, but lowering them prematurely could spur fresh inflation. Low growth combined with high inflation—a situation known as stagflation—is a worst-case scenario for central bankers because they cannot respond to both at once. Read the original article on Business Insider ### Related Stocks - [DJT.US - Trump Media & Tech](https://longbridge.com/en/quote/DJT.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | 特朗普主题 ETF 管理公司收购 MAGA 基金 | 约克维尔美国股票有限责任公司(Yorkville America Equities LLC)于 2 月 19 日宣布,计划收购 Point Bridge 美国优先 ETF(MAGA 基金),该公司管理着五只全新 Truth Social 品 | [Link](https://longbridge.com/en/news/276361684.md) | | 算法大单突袭!15 万手原油买单在路上! | 算法交易员首次转为看涨原油,因特朗普对伊朗的威胁性言论。布伦特原油期货多头头寸占最大可能仓位的 18%,标志着自去年 10 月以来的最大单日转变。尽管供应过剩,地缘政治紧张局势仍能引发价格飙升。布伦特原油期货在过去四个交易日上涨约 9%。特 | [Link](https://longbridge.com/en/news/272495383.md) | | 云原生经纪服务提供商 Clear Street 正式撤回 3.51 亿美元美股 IPO | 云原生经纪服务提供商 Clear Street 于本周四正式撤回其 3.51 亿美元的美股 IPO 申请。该公司原计划以每股 26 至 28 美元的价格发行 1300 万股,但一周前已将发行规模缩减 65%。Clear Street 成立于 | [Link](https://longbridge.com/en/news/276421580.md) | | 谷歌突然发布 Gemini 3.1 Pro:核心推理性能直接翻倍 | 谷歌发布了最新的大模型 Gemini 3.1 Pro,其推理性能较去年发布的 Gemini 3 Pro 翻倍。在 ARC-AGI-2 评测中,Gemini 3.1 Pro 得分 77.1%,显示出强大的推理能力。新模型支持多源数据综合和复杂 | [Link](https://longbridge.com/en/news/276396515.md) | | Copilot+Azure 巩固领先优势 花旗重申微软 “买入” 评级 | 花旗重申对微软的 “买入” 评级,认为其 Copilot 业务动能增强和 Azure 云业务稳健,巩固了在企业级 AI 软件领域的领先地位。分析师 Radke 指出,管理层对投资者关心的竞争格局和资源分配等问题进行了积极回应,缓解了市场担忧 | [Link](https://longbridge.com/en/news/276455595.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.