《Trump's nickname for Powell sparks laughter, what's the story behind his tense relationship with the Federal Reserve?》

U.S. President Trump has once again taken aim at the Federal Reserve, this time targeting Chairman Powell, criticizing him for being indecisive and slow in lowering interest rates. During a speech in South Korea, Trump deliberately referred to Powell as 'Jerome “Too Late” Powell,' causing laughter among business leaders and officials attending the APEC summit.

Trump continued his criticism, stating, “We can't let the Federal Reserve raise interest rates just because they're worried about inflation three years from now.” This remark seemed to acknowledge that inflation might indeed pick up in the future. He also boldly claimed that the U.S. economy would grow by 4% by the first quarter of 2026, which is significantly higher than the average forecast from economists surveyed by Reuters.

However, economists believe that the new import tariffs implemented by the Trump administration will certainly hamper economic growth. Trump's remarks on Thursday clearly indicate that his conflict with the Federal Reserve has escalated. He repeatedly accused Powell of not acting quickly enough to lower interest rates and stated that the Federal Reserve is lagging behind its European counterparts, undermining business confidence. #加密市场观察