Trump is furious that Fed won’t cut interest rates like ECB. Here’s why Powell won’t budge.

Federal Reserve Chairman Jerome Powell is infuriating President Donald Trump by not moving to further cut interest rates, in contrast to aggressive easing by the European Central Bank.

Apr 17, 2025 - 19:13
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Trump is furious that Fed won’t cut interest rates like ECB. Here’s why Powell won’t budge.
Federal Reserve Chairman Jerome Powell is infuriating President Donald Trump by not moving to further cut interest rates, in contrast to aggressive easing by the European Central Bank.