Economist Peter Schiff is calling out President Donald Trump’s blatant hypocrisy on the Federal Reserve’s interest rate policy, saying that his demands and behaviors mirror what he had himself condemned in the past.
What Happened: On Sunday’s episode of The Peter Schiff Show, Schiff addressed Trump’s latest remarks about Fed Chair Jerome Powell, whom Trump recently described as holding “the easiest job in the world.”
This comes amid repeated calls by Trump to cut interest rates, despite concerns surrounding tariff-related inflation in recent months.
See Also: June Inflation Data Validates Powell’s Trump Pushback
According to Schiff, Trump’s demands mirror the exact behavior he once condemned. “When Donald Trump ran for president the first time, he called out Janet Yellen for leaving interest rates too low. He accused her of being political, of trying to help the [former President Barack] Obama administration by artificially boosting the …