Trump calls Fed Chair Jerome Powell ‘a stupid person' ahead of key interest rate decision
President Donald Trump trashed Federal Reserve Chairman Jerome Powell on Wednesday morning ahead of the central bank's meeting wherein it is expected it will keep interest rates the same.
Trump spoke on the South Lawn of the White House as he announced the erection of new flag poles at the White House ahead of a potential war with Iran. During that time, he complained that the economy would be better.
'We're doing well. well as a country, if the Fed would ever lower rates, you know, we'd buy debt for a lot less,' he told reporters. 'Do you ever have a guy that's not a smart person and you're dealing with him and you have to deal? He's not a smart guy.'
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