Trump Hints Fed Chair Powell ‘May Be Ready’ to Cut Interest Rates

U.S. President Donald Trump suggested Federal Reserve Chair Jerome Powell could be preparing to cut interest rates, sparking market speculation about the Fed’s next move.

Key Takeaways

Trump signals Powell may be open to cutting rates in upcoming meetings.

Comments add fuel to market speculation on U.S. monetary policy shifts.

Investors await Fed’s July and September meetings for confirmation.

Trump Suggests Rate Cut May Be Coming

On July 25, U.S. President Donald Trump hinted that Federal Reserve Chair Jerome Powell “gave the impression” he might be ready to cut interest rates.

The remark, reported by BlockBeats, comes amid growing pressure on the Fed to adjust policy as economic data softens and political pressure mounts ahead of the election cycle.