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President Donald Trump says Fed Chair Powell should cut interest rates and ‘stop playing politics’

  • President Donald Trump urged Federal Reserve Chairman Jerome Powell to cut interest rates, stating it would be a 'perfect time' for a reduction in rates.
  • Powell indicated that tariffs were larger than expected and warned of potential higher inflation and slower economic growth.
  • During his speech, Powell stated the Fed would maintain interest rates until economic conditions become clearer.
  • Trump's remarks came as the Dow Jones dropped more than 1,500 points, reflecting Wall Street's panic over the tariffs.
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The numbers are shining red on the world's stock markets. The head of the US Federal Reserve, Jerome Powell, warns of rising inflation and slowing growth. Then Trump relaxes on the golf course - and points a boot at Powell. "Lower the key rate, Jerome, and stop playing politics!"

·Stockholm, Sweden
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  • 56% of the sources lean Right
56% Right
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TokenPost broke the news in on Thursday, April 3, 2025.
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