According to Jinshi data reports, U.S. President Trump stated on the social media platform 'Truth Social' that Federal Reserve Chairman Powell will explain to Congress the reasons for refusing to lower interest rates. Trump pointed out that Europe has cut rates 10 times, while the U.S. has not taken action. Trump believes that in the absence of inflation and with a booming economy, the U.S. should lower interest rates by at least 2 to 3 percentage points, which would save the U.S. $800 billion annually.