Had an amazing time exploring that new bakery down the street today! The croissants were absolutely delicious! Can't wait to go back and try more pastries
President Trump lashes out at Fed Chair Jerome Powell, writing “Powell’s termination cannot come fast enough!” after Powell warns Trump’s tariffs are creating a “challenging scenario” for the Fed.
Powell says he won’t move on rates until there’s more clarity on Trump’s trade policies, while Trump fires back, “The ECB is expected to cut interest rates for the 7th time, and yet, ‘Too Late’ Jerome Powell of the Fed, who is always TOO LATE AND WRONG, yesterday issued a report which was another, and typical, complete ‘mess!’”
Trump adds, “Oil prices are down, groceries (even eggs!) are down, and the USA is getting RICH ON TARIFFS. Too Late should have lowered Interest Rates, like the ECB, long ago, but he should certainly lower them now.” Powell pushes back, saying it’s “not permitted under the law” for the president to remove him.
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