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Trump slams Powell after Fed holds rates
short by / on Friday, 20 June, 2025
US President Donald Trump called Federal Reserve Chairman Jerome Powell 'most destructive' after the Fed held rates at 4.25%-4.50%, blaming him for economic harm. He joked about taking over the Fed himself. Still, 59% of retail traders backed the decision in a Stocktwits poll. As per reports, the Fed cited stagflation risks, projecting 3% inflation and 1.4% GDP growth.
read more at Stocktwits