Trump Blasts Fed Chair Jerome Powell: "I Call Him 'Too Late'"

President Donald J. Trump took aim at Federal Reserve Chair Jerome Powell, criticizing him for what he called repeated delays in adjusting interest rates, particularly in ways that impact the housing market.

“I call him ‘Too Late.’ He’s too late all the time,” Trump said in a recent public statement. “He should’ve lowered interest rates many times… It’s causing a problem for people that want to buy a home.”

Trump’s comments reflect growing concern among Americans struggling with high mortgage rates and soaring housing costs, which many blame on the Federal Reserve’s continued efforts to tame inflation through tight monetary policy.

Interest rates have remained elevated as the Fed maintains its stance against inflation, leaving potential homebuyers grappling with reduced affordability and limited inventory. Trump, who has previously clashed with Powell during his presidency, reiterated that more decisive action could have helped stimulate the economy and ease pressure on middle-class families.

While Powell has defended the Fed’s gradual approach as necessary for long-term economic stability, Trump and others argue that hesitation has weakened consumer confidence and stalled the housing market.