In a single attack, Trump called for the dismissal of the Fed Chair

US President Donald Trump called the Federal Reserve Chair Jerome Powell’s annual economic report a “complete mess”, arguing that oil prices were down, groceries were down and the US was getting “Rich on Tariffs”. “Oil prices are down, groceries are down, and US is getting RICH ON TARIFFS,” Trump tweeted. This comes after Powell said tariffs were “highly likely to generate at least a temporary rise in inflation”.