Trump urges Federal Reserve Chair to cut interest rates, claiming it would benefit America

From Yahoo Finance: 2025-04-05 11:16:00

President Donald Trump called for Federal Reserve Chairman Jerome Powell to cut interest rates, citing lower energy prices, inflation, and job growth. Trump urged Powell to act, claiming it would be a big win for America. The statement was made on Truth Social, a platform launched by Trump.

The comments were published first on TheFly, a source for real-time financial news. Trump’s call for interest rate cuts comes amid concerns about inflation and economic growth. The statement was seen as a challenge to Powell’s leadership of the Fed.

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Read more: Trump says ‘perfect time’ for Fed Chair to cut interest rates