Trump Criticizes Federal Reserve Chair Powell Amid Economic Developments

According to BlockBeats, U.S. President Donald Trump recently criticized Federal Reserve Chair Jerome Powell, referring to him as a 'fool' who lacks understanding. Despite this criticism, Trump expressed a personal liking for Powell. Trump highlighted the significant drop in oil and energy prices, noting that costs across various sectors, including groceries and eggs, are decreasing. He emphasized the low inflation rates and the steady influx of tariff revenue into the United States, countering claims that economic measures were implemented too late. Trump encouraged the public to enjoy these economic conditions.