Trump blasts ‘moron’ Jerome Powell after rate of interest stays stagnant, warns of tariffs – One America Information Community

[ad_1] <img decoding="async" width="800" height="534" src="https://www.oann.com/wp-content/uploads/2026/01/Featured-Images-16.png" alt="(L) Federal Reserve Chair Jerome Powell pauses while speaking during a press conference following the Federal Open Markets Committee meeting at the Federal Reserve on January 28, 2026 in Washington, DC. Powell announced that interest rates will remain steady at 3.5 - 3.75 percent. (Photo by Kevin Dietsch/Getty Images) / (R) U.S. President Donald Trump departs the White House on January 27, 2026 in Washington, DC. President Trump is en route to Clive, Iowa for a rally with supporters where he is expected to talk about energy and the economy in his speech. (Photo by Chip Somodevilla/Getty Images)" class="wp-image-757849" srcset="https://www.oann.com/wp-content/uploads/2026/01/Featured-Images-16.png 800w, https://www.oann.com/wp-content/uploads/2026/01/Featured-Images-16-400x267.png 400w, https://www.oann.com/wp-content/uploads/2026/01/Featured-Images-16-768x513.png 768w" sizes="(max-width: 800px) 100vw, 800px"/> (L) Federal Reserve Chair Jerome Powell pauses whereas talking throughout a press convention following the Federal Open Markets Committee assembly on the Federal Reserve on January 28, 2026 in Washington, D.C. (Photograph by Kevin Dietsch/Getty Pictures) / (R) U.S. President Donald Trump departs the White Home on January 27, 2026 in Washington, D.C. (Photograph by Chip Somodevilla/Getty Pictures)

OAN Workers Sophia Flores10:18 PM – Thursday, January 29, 2026

President Donald Trump lambasted Federal Reserve Chair Jerome Powell, calling him a “moron,” after Powell opted to not decrease rates of interest this month, ending a string of quarter-point cuts.

“Jerome ‘Too Late’ Powell once more refused to chop rates of interest, although he has completely no cause to maintain them so excessive. He's hurting our Nation, and its Nationwide Safety,” Trump wrote on Reality Social on Thursday. “We must always have a considerably decrease charge now that even this moron admits inflation is now not an issue or menace.”

The president warned that the chairman is costing the US a whole bunch of billions of {dollars} per yr in “completely pointless and uncalled for INTEREST EXPENSE.”

“Due to the huge quantities of cash flowing into our Nation due to Tariffs, we needs to be paying the LOWEST INTEREST RATE OF ANY COUNTRY IN THE WORLD,” Trump mentioned, pointing to different nations that pay low rates of interest solely as a result of the “U.S.A. permits them” to take action.

Jerome “Too Late” Powell once more refused to chop rates of interest, although he has completely no cause to maintain them so excessive. He's hurting our Nation, and its Nationwide Safety. We must always have a considerably decrease charge now that even this moron admits inflation is now not a…

— Commentary: Trump Reality Social Posts On X (@TrumpTruthOnX) January 29, 2026

He defined that different nations keep a “vital commerce surplus” because of their rates of interest, even whereas paying tariffs to the U.S. Trump additionally hinted at elevating tariffs if the Federal Reserve refuses to budge on charges. After three consecutive cuts in September, October, and December, the present charge of three.5% to three.75% held regular on Wednesday.

“In different phrases, I've been very good, variety, and delicate to nations all around the World. With a mere flip of the pen, $BILLIONS extra would come into the usA., and these nations must return to earning money the quaint manner, not on the again of America,” Trump acknowledged.

“The Fed ought to considerably decrease rates of interest, NOW! Tariffs have made America robust and highly effective once more, far stronger and extra highly effective than every other Nation,” he argued.