On January 13, U.S. President Trump posted on social media praising the current low inflation levels and strong economic growth, urging Federal Reserve Chair Powell to “substantially” cut interest rates, and warning that if no action is taken, it may be “too late.” He also attributed these positive economic indicators to his tariff policies.
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Trump once again urges Powell to cut interest rates "substantially"
On January 13, U.S. President Trump posted on social media praising the current low inflation levels and strong economic growth, urging Federal Reserve Chair Powell to “substantially” cut interest rates, and warning that if no action is taken, it may be “too late.” He also attributed these positive economic indicators to his tariff policies.