Trump again calls on Federal Reserve Chairperson Jerome Powell to lower interest rates
2025-04-21 13:51:01
U.S. President Donald Trump has called on Federal Reserve Chairperson Jerome Powell to lower interest rates. He says Powell is always late, except during the election. Trump says there is little to no inflation as energy costs drop dramatically, food prices drop dramatically, and most other "things" are trending downward. With those costs trending downward, inflation is almost impossible, as he himself predicted, but the economy will likely slow unless interest rates are lowered. Interest rates have been "lowered" seven times in Europe. Powell has been "late" except during the election when he downgraded to help get Joe Biden elected.
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