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Trump calls on Powell again: Interest rates should be lowered by at least 2 to 3 percentage points

2025-06-24 13:40:42
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ChainCatcher News, U.S. President Trump stated on his social media platform "Truth Social" that "it's too late, Mr." Federal Reserve Chairman Jerome Powell will explain in Congress today why he refuses to lower interest rates. Europe has cut rates 10 times, while we have done so zero times. There is no inflation, the economy is booming------we should at least lower by 2 to 3 percentage points. This would save the U.S. $800 billion annually.

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