Trump slams Powell over rates: 'We have a real stiff in the Fed'

Yahoo Finance Published Updated Economy
Sign in to save

Affected assets and topics

INTEREST RATES FEDERAL RESERVE REPORT

Why it matters

President Trump has publicly criticized Federal Reserve Chair Jerome Powell, expressing his preference for lower interest rates to boost the stock market and questioning Powell's competence or integrity.

Article tone

Neutral How the article is written, as reported by the source.

Expected market reaction

Bearish Confidence 80% How confidence is read Horizon: Short term Impact: Moderate

Market impact analysis based on bearish sentiment with 80% confidence.

Evidence trail

Evidence
Source Yahoo Finance
Claim Trump slams Powell over rates: 'We have a real stiff in the Fed'
AI inference Bearish · 80%
Generated 2026-01-13 20:50

AI provenance

Analysed by Llama 3.1 8B Instant (Groq) Methodology v1.0 Generated
Technical identifiers
Provider tag
groq-llama-3.1-8b-instant
Analysis version
groq-llama-3.1-8b-instant
Article id
32191

Original source

President Trump slammed Federal Reserve Chair Jerome Powell on Tuesday, telling the press that he thinks the US central bank head "is either incompetent or he is crooked." In his speech to the Detroit Economic Club, Trump went on to say that he would prefer a Fed chair who would continue to cut interest rates as a catalyst for the stock market (^DJI, ^IXIC, ^GSPC). Yahoo Finance Senior Fed Reporter Jennifer Schonberger reports on Trump's latest commentary on the Fed amid the Department of Justice's criminal investigation launched against Powell. To watch more expert insights and analysis on the latest market action, check out more Market Domination.

Read the full article on Yahoo Finance

Original article published by Yahoo Finance on January 13, 2026. Analysis and insights provided by AnalystMarkets AI.

Related coverage