Trump suggests that Federal Reserve Chairman Powell 'may be ready' to cut interest rates

U.S. President Donald Trump proposed that Federal Reserve Chairman Jerome Powell may be preparing to cut interest rates, raising market speculation about the Fed's next move.

Key points

Trump indicates that Powell may be open to cutting interest rates in upcoming meetings.

The comments add fuel to market speculation about shifts in U.S. monetary policy.

Investors are awaiting the Federal Reserve meetings in July and September for confirmation.

Trump suggests that an interest rate cut may be coming

On July 25, U.S. President Donald Trump indicated that Federal Reserve Chairman Jerome Powell 'gave the impression' that he may be ready to cut interest rates.

The comment, reported by Block Beats, comes amid increasing pressure on the Federal Reserve to adjust policy as economic data weakens and political pressure rises ahead of the election cycle.