Trump Demands Fed Act Now on Rate Cuts
Former President Donald Trump has reignited his criticism of the Federal Reserve, calling out Chair Jerome Powell for what he describes as sluggish policy response. In a morning statement, he asked pointedly, ‘Where is Powell?’ and insisted cuts should happen immediately, not at the next meeting.
Signals Are Clear — Delaying Could Cost Growth
Trump argued that with inflation cooling and labor trends shifting, the moment to act is now. Waiting, he warned, risks undermining economic momentum and investor confidence.
- Immediate cuts could boost spending and business expansion
- Prolonged high rates may strain small businesses and borrowers
- Other major economies are already easing — the U.S. shouldn’t lag
He emphasized that decisive action is not just preferable, but essential to maintain economic strength amid global uncertainty.