Powell delays economic revival: Trump calls for swift action.
Powell’s exit, economic policy change, interest rate impact
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In a recent tweet, James Fishback expressed his agreement with President trump‘s sentiment that Federal Reserve Chairman Jerome Powell is acting too late in adjusting interest rates. Fishback highlights several key points to support this claim, including the fact that inflation is currently at a 4-year low and oil prices have decreased by 15%. Despite these economic indicators, Powell has chosen to maintain interest rates near 20-year highs, a decision that Trump and Fishback believe is hindering the potential for a “Golden Age” of economic prosperity.

The tweet raises important questions about Powell’s decision-making process and the potential impact on the economy. By keeping interest rates high, Powell may be inadvertently stifling economic growth and preventing the country from experiencing the full benefits of a low-inflation environment. This stance is particularly concerning given that Powell had previously cut interest rates just before the 2024 election when inflation levels were actually higher.

The call for Powell’s departure is a bold statement that underscores the frustration felt by some individuals regarding the Federal Reserve’s current policies. Many believe that Powell’s reluctance to lower interest rates in response to favorable economic conditions is a missed opportunity to stimulate growth and create a more robust economic environment.

From an SEO perspective, this tweet provides valuable insight into the ongoing debate surrounding monetary policy and its implications for the economy. By discussing key economic indicators such as inflation and oil prices, Fishback and Trump are drawing attention to the potential consequences of Powell’s decisions on the overall economic landscape.

In conclusion, James Fishback’s tweet echoes President Trump’s criticism of Jerome Powell’s handling of interest rates and highlights the potential consequences of maintaining high rates in a low-inflation environment. The call for Powell’s departure underscores the frustration felt by some individuals regarding the Federal Reserve’s current policies and raises important questions about the future direction of monetary policy in the United States. As the debate continues, it will be crucial to monitor how Powell’s decisions impact the economy and whether any changes are made to address the concerns raised by critics like Fishback and Trump.

Trump is right: Powell is Too Late.

* Inflation is at a 4-year low

* Oil is down 15%

* Powell is *still* keeping rates near 20-year highs (despite having cut them right before the 2024 election when inflation was *higher*)

Powell is holding back the Golden Age. His departure… https://t.co/mNGb4KW0lr pic.twitter.com/Dvf9isVInb

— James Fishback (@j_fishback) June 18, 2025

In today’s political landscape, it seems like everyone has an opinion on the state of the economy. One particularly vocal critic has been former President Donald Trump, who recently took to Twitter to express his frustration with Federal Reserve Chairman Jerome Powell. According to Trump, Powell is “Too Late” in his actions, and is holding back what he calls the Golden Age of economic prosperity.

Looking at the data, it’s clear that Trump has some valid points. Inflation is currently at a 4-year low, which should be good news for consumers. Additionally, oil prices have dropped by 15%, which typically leads to lower prices at the pump and more money in people’s pockets. Despite these positive indicators, Powell has chosen to keep interest rates near 20-year highs, a decision that has left many scratching their heads.

What’s particularly interesting is that Powell actually cut interest rates right before the 2024 election, when inflation was higher than it is now. This move was likely an attempt to boost the economy and help Trump’s chances of winning re-election. However, now that inflation has decreased and oil prices are down, it seems counterintuitive for Powell to keep rates so high.

In many ways, Powell’s reluctance to lower interest rates is reminiscent of the Federal Reserve’s actions during the Great Depression. Back then, the Fed’s tight monetary policy exacerbated the economic downturn and prolonged the suffering of millions of Americans. While the current situation is not nearly as dire, it’s worth noting that Powell’s decisions can have far-reaching consequences.

Some experts believe that Powell is being overly cautious in an attempt to prevent inflation from spiraling out of control. However, others argue that his actions are stifling economic growth and preventing the country from entering a new era of prosperity. Trump, for one, seems to believe that Powell is standing in the way of what could be a Golden Age of economic expansion.

As we look towards the future, it will be interesting to see how Powell’s tenure as Federal Reserve Chairman unfolds. Will he continue to keep rates high, or will he eventually bow to pressure and lower them to stimulate the economy? Only time will tell, but one thing is for certain: the decisions made by Powell and the Federal Reserve have the power to shape the economic landscape for years to come.

In conclusion, Trump’s criticism of Powell is not without merit. With inflation at a 4-year low and oil prices down 15%, it’s puzzling why Powell is still keeping rates near 20-year highs. His departure as Federal Reserve Chairman may be what’s needed to usher in a new era of economic prosperity. Only time will tell if Powell’s policies are holding back the Golden Age that Trump envisions.