Trump: With little inflation, Mr. Too Late should cut rates
2025-04-21 13:50:13
On April 21, Trump said on social media: "Many people are calling for'pre-emptive rate cuts. 'With energy costs down dramatically, food prices (including Biden's egg disaster!) down dramatically, and most other'things' trending down, there is virtually no inflation. With these costs trending down so well, as I predicted, there will be little inflation, but the economy will probably slow unless" Mr. Too Late " (referring to Federal Reserve Chairperson Powell), a major loser, cuts rates now. Europe has'cut 'seven times. Powell was always'late ', except during the election when he cut rates to help get a sleepy Joe Biden (later Kamala) elected. What happened? "
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