Thu Apr 17 11:30:00 UTC 2025: ## Trump Renews Attack on Federal Reserve Chair, Praises European Counterpart
**Washington D.C.** – President Donald Trump launched a fresh attack on Federal Reserve Chairman Jerome Powell Thursday, demanding faster interest rate cuts to boost the economy. In a post on Truth Social, Trump reiterated his long-standing criticism of Powell, stating that his removal from office cannot happen soon enough. He contrasted Powell’s actions unfavorably with the anticipated interest rate cut by the European Central Bank (ECB), which Trump unusually praised.
Trump argued that Powell should have lowered interest rates “long ago,” mirroring the ECB’s expected seventh rate cut this year. Analysts predict the ECB will lower its key interest rate to 2.25 percent. This latest outburst underscores Trump’s continued attempts to influence the independent Federal Reserve, a move Powell has previously stated the president lacks the authority to make.
The president’s comments come amidst a week of complex global economic news, including developments related to international trade and the impact of various global policies. Trump also maintained his hardline stance on tariffs, with Beijing expected to retaliate against recent U.S. measures.
First Piper 