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Trump repeatedly insults Fed Chair Powell, urges rate cuts

President Donald Trump has repeatedly criticized Federal Reserve Chairman Jerome Powell and urged the central bank to lower interest rates despite persistent inflation.

Published Mar 30, 2026, 3:20 PM EDT | WFMZZ

President Donald Trump has repeatedly insulted and criticized Federal Reserve Chairman Jerome Powell, famously calling him a "numbskull." He has also demanded the independent central bank lower interest rates despite stubbornly high inflation.