Trump on Interest Rates: NRK News Update
Donald Trump demands a important cut to U.S. interest rates, criticizing Federal Reserve Chair Jerome Powell and calling for a 2 percentage point reduction in the policy rate. His comments highlight his ongoing concern with the economy, especially the impact of rising interest rates. Trump believes the current rate, which sits between 4.25% and 4.5%, is too high. His criticism comes as economists and market watchers at News Directory 3 analyze the Fed’s next move. Trump says Powell is unlikely to cut interest rates,adding his discontent. The Federal Reserve is expected to discuss adjustments soon.Discover what’s next for the U.S. monetary policy in the coming weeks.
Trump Criticizes Powell Over U.S. Interest Rates,Calls for Lower Policy Rate
Updated June 18,2025
Former President donald Trump has voiced his disapproval of the current U.S. monetary policy, asserting that the policy rate should be reduced by 2 percentage points. Trump’s comments underscore his continued focus on interest rates and their potential impact on the economy.
Trump has frequently targeted Federal Reserve Chair Jerome Powell with criticism. He suggests Powell has been too slow to lower the key policy rate, which currently ranges from 4.25% to 4.5%.
Trump said Powell is unlikely to cut interest rates and added,”He’s done a bad job.”
What’s next
The Federal Reserve is expected to meet in the coming weeks to discuss potential adjustments to the interest rate. Market observers will be closely watching for any indications of a shift in policy.