Trump Criticizes Fed Chair Powell on Interest Rates, Discusses Philippines Tariffs

Comments on Federal Reserve Chair Jerome Powell

• 🎯 President Trump expressed dissatisfaction with Fed Chair Jerome Powell's performance, stating, "I think he's doing a bad job."
• ⏰ Trump believes Powell is "too late all the time" and should have lowered interest rates on multiple occasions.
• 🗓️ Trump noted that Powell's term as Fed chair will end in approximately eight months.
• ⚖️ The discussion also touched upon the legal questions surrounding a president's ability to fire a Fed chair.

Philippines Trade Discussion

• 🤝 President Trump met with Philippine President Ferdinand Marcos Jr. to discuss trade matters.
• 📉 Following the meeting, President Trump lowered the Philippines tariff rate by 1%, bringing it to 19%.
• 🌟 Trump announced that the Philippines will move to an open market with the US with zero tariffs.