In a fiery Truth Social post, Donald Trump slammed Fed Chair Jerome Powell as “one of the dumbest and most destructive” officials in government, blaming him for refusing to cut interest rates and costing the U.

President Donald Trump late Wednesday slammed Federal Reserve Chair Jerome Powell over the U.S. central bank’s decision to keep interest rates unchanged, calling him “a real dummy.” In a post on his Truth Social platform,

President Trump has increasingly pointed to rate cuts by other central banks as he pressures Jerome H. Powell, the Fed chair, to reduce borrowing costs.