President Donald Trump calls for a reduction in interest rates from the Federal Reserve amid an economic slowdown
🔥 President Donald Trump expressed that the impact of American tariffs has started to slow down the economy. He suggested that a reduction in interest rates by the Federal Reserve would be beneficial, urging the American Fed to lower the rates
🔥 It should be noted here that lowering or raising interest rates and financial and monetary policy fall within the jurisdiction of the American Fed without any oversight or intervention from the president, and he cannot impose his opinion on the council nor can he dismiss Jerome Powell, as that is not within his authority.