Trump Rants at Powell: The Fed’s Sloth or Comedy of Errors?

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Trump Rants at Powell: The Fed’s Sloth or Comedy of Errors?

In the quiet land of Washington, where decisions are made amid coffee and despair, President Donald Trump decided to bestow his wisdom upon us—or perhaps his sarcasm. With the air of someone who just found a forgotten sandwich, Trump took to his favorite social powder, X, to lambaste Jerome Powell, the Fed’s noble yet evidently sluggish leader. Trump tweeting with a stern face Apparently, Powell is “too late,” a phrase that suggests perhaps he’s better suited to a slow-moving circus act than leading the nation’s interest rates. Could it be that patience has worn thin, or maybe Powell just enjoys a leisurely walk through economic fog? 🤨

Calls for a rate cut echo through the corridors of power louder than a town crier with a megaphone. Everyone seems to agree—except, of course, the Fed. Yet, as the chorus hits a deafening pitch, Powell and his cohorts appear as slow as molasses in January, delaying what many believe is the cure-all for America’s economic hiccups. Trump, not one to hold his tongue, declared that such dithering might “harm economic progress,” as if the entire economy were a fragile teacup balanced on a teetering table. Image of an old clock Meanwhile, the Fed sits, perhaps dreaming of retirement, while the market waits with bated breath and sarcastic eyebrows raised. Truly, it’s a spectacle worth a comic play, if only the stakes weren’t so high. 😅

Read more at Coingape.com, or don’t—nothing here is quite as urgent as the Federal Reserve’s next move, or Trump’s next tweet, whichever comes first.

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2025-05-17 22:08