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Forbes
Forbes
17 Apr 2025


President Donald Trump attacked Federal Reserve Chair Jerome Powell Thursday morning, saying his removal “cannot come fast enough” after the central bank chief warned Trump’s tariffs are likely to worsen inflation.

President Trump Announces Nominee For Chair Of The Federal Reserve

FILE PHOTO: President Donald Trump criticized Federal Reserve Jerome Powell for the central bank's ... More decision to not cut interest rates.

Getty Images

In his post, Trump mentioned reports of an upcoming rate cut by the European Central Bank and lashed out at Powell for being “TOO LATE AND WRONG,” for refusing to do the same.

The president ended his post saying, “Powell’s termination cannot come fast enough!”

This is a developing story.