Reported about 9 hours ago
Former President Donald Trump expressed his desire for the Federal Reserve Chair Jerome Powell to resign, criticizing his performance and labeling him 'stupid.' Trump also advocated for a reduction of interest rates to 1%, arguing that current rates are higher due to what he termed 'Trump Derangement Syndrome.' While Trump has previously threatened to fire Powell, who is serving a term until May 2026, he plans to nominate a successor focused on lowering rates.
Source: YAHOO