Trump says Federal Reserve Chairman Jerome Powell should cut interest rates
Fox business host Larry Kudrow will analyse Federal Reserve Chair Jerome Powell’s latest decision on “Kudrow.”
president Donald Trump On Friday, Federal Reserve Chairman Jerome Powell called for interest rates to be cut.
“This is probably the best time for Fed Chairman Jerome Powell to cut interest rates,” Trump said in the Truth Social Post. “He’s always ‘lagged’, but he can now change his image, and soon. Energy prices fall, interest rates fall, inflation falls, eggs fall 69%, and jobs all increase within two months – a big win for America.
Powell at a press conference in March The interest rate held is stable The second consecutive meeting aims to assess the impact of the Trump administration’s tariffs on inflation, not rushing to cut interest rates.
The Federal Reserve leaves key interest rates unchanged amid uncertainty over the economy, inflation
The Federal Open Market Committee (FOMC), which will guide the central bank’s monetary policy move, said in a March 19 announcement that “(U) confirmations on the economic outlook have increased,” adding that it focuses on risk on both sides of its dual mission to promote maximum employment and maintain 2% inflation in the long term.
In addition to announcing the decision regarding interest rates, FOMC has released an overview of the Economic forecast This means that central bank policymakers are forecasting two 25-standard interest rate cuts this year, two cuts of that size in 2026 and one cut in 2027.
Fed-back inflation gauges showed a higher core price in February
Policymakers predicted slower economic growth and lower unemployment rates in 2025 than the last forecast released in December.
They are projected to have an unemployment rate in December at 4.4%, up from the last forecast of 4.3%, compared to an actual gross domestic product (GDP), which is down from the 2.1% estimate at the end of 2025.
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Market expectations The Fed will change prices three times in a row when meeting in early May. Benchmark federal funding rates currently range from 4.25% to 4.5%.
Trump’s post comes ahead of Powell’s speech on Friday to the association to advance business editorial and writing meetings.