Trump Demands Fed Action to Lower Interest Rates
Submitted by MAGA
Posted 7 hours ago
**Unleashed: Trump Calls for Action on Interest Rates as Fed Stays Cautious**
In a bold move, President Donald Trump has made it clear that he intends to keep Federal Reserve Chairman Jerome Powell in his position—at least for now.
During a press briefing this week, Trump expressed his expectation for the Fed to take decisive action by lowering interest rates, stating, “I would like to see him be a little more active.”
The remarks come amid a shaky stock market and rising concerns about economic uncertainty. With the Dow Jones Industrial Average experiencing steep fluctuations, Trump's call for lower rates has resonated with many who fear a slowdown in growth.
Currently, the Fed's target interest rate is between 4.25% and 4.50%, a significant drop from its pandemic peak. Despite this reduction, President Trump argues that additional cuts are necessary to foster an environment of economic expansion.
He pointed out that inflation is "under control," citing reductions in energy, food, and consumer goods prices. By leaning on the Fed to act sooner rather than later, Trump aims to preempt any potential economic downturn.
Interestingly, Powell has been somewhat reserved in his approach to interest rates, representing a contrast to Trump's more aggressive stance. The chairman’s reluctance to act swiftly could have implications for future economic conditions, especially given Trump's assertion that timely action is critical.
Moreover, speculation surrounds Powell’s long-term future as Fed Chairman, with his term set to expire in 2026. As the Biden Administration's influence looms large, many hope that Trump will make the prudent choice to nominate someone aligned with his vision of economic stability when the time comes.
While Powell adheres to the tradition of Fed independence, the reality is that the Biden-era economic policies have not always catered to the interests of hardworking Americans.
In this context, Trump’s criticisms reflect a desire not just for immediate economic relief, but a broader commitment to ensuring American prosperity.
As the political and economic landscapes continue to shift, it remains to be seen how the Fed will respond to Trump's entreaties and whether lower rates could help solidify America’s economic recovery.
For now, the eyes of Wall Street and everyday Americans alike are on the Fed, waiting to see if they heed the calls for action or choose to remain cautious as uncertainty prevails.
Sources:
theepochtimes.com
rumble.com
revolver.news
In a bold move, President Donald Trump has made it clear that he intends to keep Federal Reserve Chairman Jerome Powell in his position—at least for now.
During a press briefing this week, Trump expressed his expectation for the Fed to take decisive action by lowering interest rates, stating, “I would like to see him be a little more active.”
The remarks come amid a shaky stock market and rising concerns about economic uncertainty. With the Dow Jones Industrial Average experiencing steep fluctuations, Trump's call for lower rates has resonated with many who fear a slowdown in growth.
Currently, the Fed's target interest rate is between 4.25% and 4.50%, a significant drop from its pandemic peak. Despite this reduction, President Trump argues that additional cuts are necessary to foster an environment of economic expansion.
He pointed out that inflation is "under control," citing reductions in energy, food, and consumer goods prices. By leaning on the Fed to act sooner rather than later, Trump aims to preempt any potential economic downturn.
Interestingly, Powell has been somewhat reserved in his approach to interest rates, representing a contrast to Trump's more aggressive stance. The chairman’s reluctance to act swiftly could have implications for future economic conditions, especially given Trump's assertion that timely action is critical.
Moreover, speculation surrounds Powell’s long-term future as Fed Chairman, with his term set to expire in 2026. As the Biden Administration's influence looms large, many hope that Trump will make the prudent choice to nominate someone aligned with his vision of economic stability when the time comes.
While Powell adheres to the tradition of Fed independence, the reality is that the Biden-era economic policies have not always catered to the interests of hardworking Americans.
In this context, Trump’s criticisms reflect a desire not just for immediate economic relief, but a broader commitment to ensuring American prosperity.
As the political and economic landscapes continue to shift, it remains to be seen how the Fed will respond to Trump's entreaties and whether lower rates could help solidify America’s economic recovery.
For now, the eyes of Wall Street and everyday Americans alike are on the Fed, waiting to see if they heed the calls for action or choose to remain cautious as uncertainty prevails.
Sources:
theepochtimes.com
rumble.com
revolver.news
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