
Trump Renews Fed Rate Cut Push
United States President Donald Trump stated on Tuesday that prices have dropped across several major sectors since he assumed office, with the exception of interest rates. Speaking to reporters, Trump said, “It’s all coming down. The only thing that hasn’t come down—but hasn’t gone up much—is the interest rate.”
He highlighted falling gasoline prices as a major success of his administration’s energy policies. “One of the big things was energy—energy was coming down,” Trump noted. He also pointed to a notable decrease in egg prices, referencing past concerns about food shortages. “They were up 2-3 times,” he said, adding that this year’s White House Easter event experienced no supply issues.
Despite improvements in energy and consumer goods pricing, Trump turned his attention to monetary policy. He once again urged the Federal Reserve to cut interest rates, calling it “a perfect time” for such action. Trump expressed hope that Fed Chair Jerome Powell would act with urgency. “I hope he’s early or on time, not late, late, late,” the president emphasized.
The comments mark another instance of Trump’s public pressure campaign on the central bank to adopt more accommodative measures. His administration has repeatedly argued that lower interest rates would further stimulate economic growth amid declining inflation and commodity prices.
As the Federal Reserve prepares for future monetary policy decisions, Trump’s latest remarks are likely to factor into the broader debate about the central bank’s timing and responsiveness. Investors and analysts are watching closely to see whether the Fed will heed the administration’s calls or stay the course with its independent strategy.