Trump’s Roasting of Fed Chair: “Too Late” Powell Dodges Rate-Cut Shade (With Nicknames!)

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Honestly, just another totally normal day in the bizarro world of Washington: President Trump working through his full arsenal of snarky nicknames to browbeat Fed Chair Jerome “Too Late” Powell into a rate cut—because apparently, subtlety is so last administration. 🙄

Powell Braces for Name-Calling; Rate Cuts Declared Missing in Action

So, the Federal Open Market Committee gets together, everyone pretends not to nap, and Wall Street’s finest pray for some drama. Will the Fed deliver? 🤔 Put your life savings on “no,” because, according to the CME Fedwatch tool, 99.9% odds say rates will stay right where they are—about as much suspense as reruns of Downton Abbey.

CME’s Fedwatch tool less dramatic than Trump’s tweets (but with cleaner charts).

But this is Trump we’re talking about. Why use quiet diplomacy when you can launch a full-out roast on national TV? Speaking to Fox News (of course), he dished out the classics:

We have a man that just refuses to lower the Fed rate—Just refuses to do it. He’s not a smart person. I don’t even think he’s that political. I think he hates me, but that’s okay, you know, he should. He should … I call him every name of the book, trying to get him to do something.

If pet names were monetary policy, Powell would have cut rates years ago. Recent faves: “Numbskull,” and of course, “Too Late”—which, let’s be honest, sounds way too much like a rejected Bond villain. Trump, ever the gracious host, even invited Powell to dinner: “‘Too Late,’ let’s have dinner. I do it every way in the book. I’m nasty, I’m nice. Nothing works. He’s just a stupid person.” (Charm school diploma clearly lost in the mail.) 🍽️

So, is Trump just blowing off steam, or is this some 4D chess to unseat our favorite central banker? Whether it’s a serious power play or just therapy-by-microphone, this epic saga of nicknames and not-so-subtle shade is nowhere near over. The only thing higher than rate-hike odds: the drama level at 1600 Pennsylvania Ave. 🎬

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2025-06-18 19:27