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VP Vance criticizes Fed Chair Powell for mishandling inflation, calling it "monetary malpractice."
Vice President JD Vance criticized Federal Reserve Chair Jerome Powell for not effectively managing inflation through interest rates.
This came after May’s consumer price index showed a 0.1% price rise, lower than the expected 0.2%.
Vance, along with President Trump, argues that the Fed's reluctance to cut rates is "monetary malpractice," though Fed officials predict at least two rate cuts in 2025.
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El vicepresidente Vance critica al presidente de la Fed Powell por el mal manejo de la inflación, llamándolo "malpraxis monetaria".