'Fed war': CNN hosts pounce on central bank chairman's warnings that infuriated Trump
President Donald Trump issued a broadside against Federal Reserve chairman Jerome Powell in an ongoing dispute over interest rates, and CNN's Rahel Solomon analyzed what that might mean to the U.S. economy.
The president called for rate cuts Thursday morning on Truth Social, saying "Powell’s termination cannot come fast enough," but the Fed chairman said the central bank won't intervene to bail out the stock market that's been battered by Trump's tariffs.
"The U.S. was already in a trade war," said CNN's John Berman.