Following the Fed’s decision to hold rates steady, Trump took to Truth Social, writing, "The Fed would be MUCH better off CUTTING RATES as US Tariffs start to transition (ease!) their way into the economy. Do the right thing. April 2nd is Liberation Day in America."

His statement comes amid economic concerns, with Federal Reserve Chair Jerome Powell acknowledging that inflation expectations have recently risen. Powell attributed some of these inflationary pressures to the role of tariffs in the broader economy.

Trump’s call for a rate cut aligns with his ongoing push for economic growth and trade policy adjustments. As the Federal Reserve continues to monitor inflation and market trends, Trump's pressure on the central bank highlights the political debate over monetary policy and economic strategy.