Trump, Fed and Kevin Hassett
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Explícame on MSNTrump's Push for Lower Interest Rates: The Quest to Oust PowellPresident Donald Trump has intensified his criticism of Federal Reserve Chairman Jerome Powell, aiming to replace him with someone who will lower interest rates.
Trump criticizes Federal Reserve, calls for lower interest rates. Trump's comments came hours after the Fed opted to hold interest rates steady. By Max Zahn. March 20, 2025, 10:45 AM. 1:11.
The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.
That leaves its key rate at 2%, more than 2 percentage points below the Fed’s 4.25% to 4.5% and among the largest gaps between the regions in recent memory.