On May 17, 2025, U.S. President Donald Trump posted on Truth Social, urging the Federal Reserve to cut interest rates "sooner rather than later."
What is the reason?
Trump pointed to the slowdown in inflation in the United States, which dropped to 2.3% in April – the lowest level in years, considering it the right time to stimulate the economy by lowering interest rates.
Is this the first time?
No. Trump is known for his continuous criticisms of Federal Reserve Chairman Jerome Powell, always describing him as "slow to make decisions."
Federal position?
So far, the bank remains cautious and keeps interest rates high (between 4.25% and 4.5%) due to concerns about the return of inflation.
In summary:
Trump wants a quick interest rate cut to stimulate the economy, but the Federal Reserve is moving slowly and cautiously. Will they respond soon?