Donald Trump has renewed his criticism of the Federal Reserve, urging them to drastically lower interest rates. In a recent post on Truth Social, the former President stated that interest rates should be at or below 1%. He believes that lower rates would have saved the United States trillions of dollars. Trump argues that the Fed, under Jerome Powell, made a mistake by not acting sooner. He claims that delayed action has resulted in unnecessary interest costs for the country. This isn't the first time Trump has publicly pressured the Fed. During his presidency, he frequently voiced his opinion on monetary policy, often calling for lower rates to stimulate economic growth. The Federal Reserve typically sets interest rates based on factors like inflation and employment. Current interest rates are significantly higher than 1% as the Fed attempts to combat inflation. Whether Trump's renewed call will influence future monetary policy remains to be seen. ```