Trump blasts Federal Reserve Chair Jerome Powell, says his ‘termination cannot come fast enough!’

New York Post - Apr 17th, 2025
Open on New York Post

President Trump intensified his ongoing conflict with Federal Reserve Chair Jerome Powell by issuing a public statement on social media, calling for Powell's swift removal. This latest clash stems from Powell's recent remarks concerning the economic challenges posed by the administration's tariffs, which he said complicate the Fed's responsibilities of controlling inflation and maintaining employment levels. Powell emphasized the need for patience, advocating for clear signals regarding the administration's trade policies before altering interest rates, which Trump has been pushing to lower.

The President criticized Powell's cautious approach, contrasting it with the European Central Bank's anticipated rate cuts. Trump's criticism highlights his frustration with the Fed's reluctance to reduce interest rates, which he believes are necessary to stimulate economic growth. The ongoing tension between Trump and Powell underscores the broader debate on monetary policy and the economic uncertainties tied to trade policies, reflecting significant implications for U.S. financial stability and growth prospects.

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RATING

6.8
Fair Story
Consider it well-founded

The article provides a timely and largely accurate account of President Trump's criticism of Federal Reserve Chair Jerome Powell. It effectively captures the conflict over monetary policy and tariffs, which are significant public interest topics. However, the article's balance is somewhat skewed towards Trump's perspective, with limited representation of alternative viewpoints. While the clarity and readability are strong, the lack of explicit source attribution and transparency on methodology slightly undermines its credibility. The piece has moderate potential to engage readers and influence public opinion, though its impact could be enhanced by a more balanced and in-depth analysis of the issues involved.

RATING DETAILS

8
Accuracy

The story is largely accurate, with key claims supported by credible sources. President Trump's criticism of Jerome Powell and his frustration with the Federal Reserve's interest rate policy are consistent with his publicly known stance. The quotes attributed to Trump, such as his social media post and comments on the ECB, align with his typical rhetoric, though verification of the exact wording from primary sources like social media is necessary. Powell's remarks on tariffs and their economic impact are accurately described, reflecting his cautious approach. However, the claim about the ECB's rate cuts requires further verification against official ECB announcements.

6
Balance

The article primarily presents Trump's perspective, emphasizing his criticism of Powell and the Federal Reserve. While it mentions Powell's rationale for caution, the piece could benefit from a more balanced representation by including perspectives from economic experts or Federal Reserve officials to provide context for Powell's stance. The absence of these viewpoints may lead to a perception of bias towards Trump's viewpoint, as the narrative focuses heavily on his dissatisfaction without equally exploring the Fed's reasoning.

8
Clarity

The article is clear and straightforward, with a logical flow that outlines the key points of Trump's criticism and Powell's response. The language is accessible, and the structure allows readers to easily follow the narrative. However, the tone slightly leans towards sensationalism, particularly in the portrayal of Trump's statements, which could affect neutrality. Despite this, the overall clarity of the article is strong, providing a coherent summary of the events.

7
Source quality

The story seems to rely on credible sources, such as direct statements from President Trump and Jerome Powell's public remarks. However, the article does not explicitly cite these sources or provide links to original statements or reports. The lack of direct attribution to official documents or statements limits the ability to fully assess the reliability of the information presented. Including more explicit references to primary sources would enhance the story's credibility.

5
Transparency

The article provides a basic context for Trump's criticism of Powell but lacks detailed explanations of the underlying economic principles and the Federal Reserve's decision-making process. It does not disclose any potential conflicts of interest or the methodology behind the reporting. Greater transparency in explaining how the information was obtained and the context of the economic policies discussed would improve the reader's understanding and trust in the article.

Sources

  1. https://www.lemonde.fr/en/economy/article/2025/04/17/trump-slams-fed-chairman-jerome-powell-over-interest-rates_6740343_19.html
  2. http://acecomments.mu.nu/?post=370677http%3A%2F%2Facecomments.mu.nu%2F%3Fpost%3D370677
  3. https://acecomments.mu.nu/?post=390325%3Futm_source%3Dpolitipage