Powell's class is not easy to get into either. Isn't that equivalent to being called a fool by Trump in front of hundreds of millions of people? They are all decent people, but a few are not very decent Trump criticizes Powell again: Stupid may not cut interest rates today On June 18th, US President Trump criticized Federal Reserve Chairman Powell again on Wednesday, just hours before the Fed announced its interest rate decision. Trump stated that the United States has collected $88 billion from tariffs and there is "no inflation", and once again called for a reduction in interest rates. He said, "If the Federal Reserve cuts interest rates, we will buy US bonds at a lower price. However, to be frank, we have a foolish person at the Federal Reserve who may not cut interest rates today. He did a terrible job. We should cut interest rates by 200 basis points, and it would be even better if we could cut them by 250 basis points. I plan to adopt a short-term strategy first, significantly lower interest rates, and then switch to a long-term strategy