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11 months ago
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ARTICLE AD BOX
In yet another sign that President Joe Biden's humming economy is totally unnerving Donald Trump, the Republican front-runner has begun attacking U.S. Federal Reserve chair Jerome Powell, a holdover from his own administration.
Trump's main objection?
"I think he's going to do something to probably help the Democrats," Trump told Fox Business in a Friday interview with Maria Bartiromo. "If he lowers the interest rates," Trump added, in case his implication wasn't clear.
That was Trump's first response to Bartiromo's question on whether the U.S. economy could experience a so-called "soft landing."
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Trump proceeded to talk about the potential for "massive inflation" again given the developing conflict in the Middle East, which could drive up energy prices. But he quickly returned to the idea of Powell doing the political bidding of President Biden.
"It looks to me like he's trying to lower interest rates for the sake of maybe getting people elected," Trump said, adding, "I think he's political."
English (US)