“Great Numbers came out today on the Economy (3.8%!), and the SUCCESS we are having, but our Interest Rates are too high! If it werent for Jerome Too Late Powell, we would be at 2% right now, and in the process of balancing our budget. The good news is that were powering through his Incompetence, and well soon be doing, as a Country, better than we have ever done before!” @realDonaldTrump
Fact-Check Summary The post accurately references recent GDP growth data, as the U.S. economy did grow by 3.8% in the second quarter of 2025. However, its claims about current interest rates, potential for budget balance, and the role of Federal Reserve Chair Jerome Powell are misleading or incorrect. The federal funds rate currently stands at […]