Trump Criticizes Powell Over Fed Rate Decision
- Trump criticizes Powell, affecting markets.
- Rate decision maintains at 4.3%.
- No unique crypto movements reported.
Donald Trump criticized Federal Reserve Chair Jerome Powell on June 21, 2025, for not reducing interest rates, calling him “stupid” on Truth Social.
Federal Reserve Chair Jerome Powell
faced public critique from Donald Trump after the Fed opted not to change its benchmark rate on June 18-19, 2025. Powell, first appointed in 2018, has consistently maintained the Fed’s policy autonomy. This decision echoes similar incidents, such as those described in Trump Blasts Powell for Not Cutting Fed Rates.
“Maybe, just maybe, I’ll have to change my mind about firing him? But regardless, his Term ends shortly!” – Donald Trump, Former U.S. President (CBS News)
Trump has a history of pressuring Fed leaders, particularly as elections approach. Powell’s commitment to data-driven decisions contrasts the political backdrop. Market responses to Fed rate stances often drive risk asset revaluation.
The Fed’s decision to maintain current rates at 4.3% did not initiate immediate financial shifts but reflected cautious economic outlooks. Historically, Fed rate signals guide U.S. Treasuries and major cryptocurrencies.
Investor reactions to Trump’s comments and Powell’s policy persist, shaping financial landscapes. Cryptocurrencies, particularly Bitcoin and Ethereum, often show price volatility linked to U.S. monetary policy.
