In his Oval Office meeting with Italian Prime Minister Giorgia Meloni, President Trump slammed Fed Chair Jerome Powell for not cutting rates.
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00:00Back on June, Mr. President, you did say that you were confident these deals would be done.
00:04But you also said that you're in no rush.
00:05Americans are seeing prices rise.
00:07They're seeing it on their bills.
00:09How long can they expect that pain to last?
00:12So they've already seen it get much better because if you were truthful, which you're not,
00:18I know you very well, you have gasoline.
00:23That hit $1.98 yesterday in a couple of states.
00:26You have gasoline's way down.
00:28The price of oil has dropped substantially.
00:32The price of groceries is substantially down.
00:36The price of eggs.
00:38You know, when I came in, they hit me with eggs.
00:41I just got there.
00:42I was here for one week and they started screaming at me,
00:44eggs have gone through the roof.
00:46I said, I just got here.
00:47I was there for seven days and I hear that eggs have gone through the roof before I got there.
00:52And they were screaming at me, the press, the fake news like you, you're fake.
00:57And the fake news is screaming at me like about eggs.
01:01I said, I've only been here.
01:02I just, this is my seventh day.
01:04And they were right.
01:05They went up 87 percent and you couldn't get them.
01:08They said, you won't have eggs for Easter, which is coming up.
01:11Happy Easter, everybody.
01:12You won't have eggs for Easter.
01:14And we did an unbelievable job.
01:16And now eggs are all over the place.
01:18And the price went down 92 percent.
01:21And our commissioner of agriculture, Brooke, has done a fantastic job.
01:28Did really have done a fantastic job.
01:29So prices haven't gone up.
01:30The only thing that's gone up actually is interest rates.
01:34Because we have a federal reserve chairman that is playing politics.
01:39Somebody that I've never been very fond of, actually.
01:41But he's playing politics.
01:45Interest rates should be down now.
01:46They should be coming down.
01:48In Europe, as you know, they reduced them, I guess, seven times.
01:52It looks like they're going to reduce them again and again and again.
01:55But our guy wants to play cute.
01:58But interest rates are pretty much even.
02:02Maybe they went up just a slight bit, but that's the only thing.
02:05But that's because of the federal reserve.
02:07Because they're not very smart people.
02:09Do you agree with that question?
02:11Do you agree with that question?
02:12Go ahead.
02:13Go ahead.