Trump criticizes Powell, demands the Federal Reserve to cut interest rates quickly

ChainCatcher news, according to Jinshi reports, U.S. President Trump criticized the Federal Reserve on Thursday, once again pointing the finger at Fed Chairman Powell, accusing him of being slow to act on interest rate cuts. In a speech in South Korea, Trump referred to "Jerome 'Too Late' Powell" and stated that he would not allow the Federal Reserve to raise interest rates out of concern for inflation three years from now. He predicted that the U.S. economy would achieve 4% growth in the first quarter of 2026, far exceeding economists' forecasts. This statement highlights the tension between Trump and the Federal Reserve.