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US Federal Reserve Chair Jerome Powell waits to talk during a league marking the 75th day of the International Finance Division of the Federal Reserve Board successful Washington, DC, connected June 2, 2025.
Andrew Caballero-Reynolds | AFP | Getty Images
President Donald Trump ripped Federal Reserve Chair Jerome Powell arsenic a "numbskull" connected Thursday arsenic helium turned up the vigor connected the central bank main to little involvement rates.
Trump claimed astatine the White House that lowering rates by 2 percent points would prevention the U.S. $600 cardinal per year, "but we can't get this feline to bash it."
"We're going to walk $600 cardinal a year, $600 cardinal due to the fact that of 1 numbskull that sits present [and says] 'I don't spot capable crushed to chopped the rates now,'" Trump said.
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