#BTC110KToday? Trump Calls for Lower Interest Rates, Pressures Fed Ahead of Election

On June 27, 2025, President Donald Trump urged the Federal Reserve to slash interest rates to between 1% and 2%, stating that current levels are too high and burden the U.S. with unnecessary costs on long-term debt. “We should not be paying more on 10-year debt,” Trump asserted, highlighting his concerns over rising debt servicing expenses. He also renewed his criticism of Fed Chair Jerome Powell, calling him “stupid” and suggesting he may replace him before Powell’s term ends in 2026. Trump’s remarks signal increasing political pressure on the central bank as the 2024 campaign season intensifies. While inflation has cooled in recent months, the Fed has remained cautious about cutting rates too quickly. Trump’s aggressive stance could stir debate over the independence of the Federal Reserve and its policy direction heading into the next presidential term. Markets are now closely watching upcoming Fed signals for any shift.