Trump, Pressure on the Federal Reserve to Cut Interest Rates…"Should Lower Like Europe and China"

President Trump repeatedly pressing Fed Chairman Powell (Source: Truth Social)

Donald Trump, President of the United States, once again pressed for a rate cut from the Federal Reserve (Fed). President Trump claimed on his Truth Social account, "Currently, prices in the U.S. are generally dropping, and there is no inflation," emphasizing that "the U.S. should also cut the benchmark interest rate like Europe or China."

In this statement, President Trump criticized the delayed policy response of the Fed, again mentioning "Too Late Powell." He expressed concern that the recovery of the U.S. economy could be delayed if rate cuts are not implemented. As President Trump's pressure on the Fed continues, attention is focused on what decision the Fed will make at the June FOMC.