Trump Again Calls On Fed to Cut Rates

Federal Reserve Board Chairman Jerome Powell speaks during a news conference following a Federal Open Market Committee meeting at the Federal Reserve in Washington, DC, on May 7, 2025. (Brendan Smialowski/AFP via Getty Images)

Tuesday, 13 May 2025 02:20 PM EDT ET

President Donald Trump on Tuesday repeated his call for the Federal Reserve to lower interest rates, saying prices for gas, groceries and "practically everything else" are down.

"No Inflation, and Prices of Gasoline, Energy, Groceries, and practically everything else, are DOWN!!! THE FED must lower the RATE, like Europe and China have done," Trump posted on Truth Social.

"What is wrong with Too Late Powell? Not fair to America, which is ready to blossom? Just let it all happen, it will be a beautiful thing!" Trump added, repeating criticism of Fed Chairman Jerome Powell.

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President Donald Trump on Tuesday repeated his call for the Federal Reserve to lower interest rates, saying prices for gas, groceries and "practically everything else" are down.
trump, federal reserve, chairman, powell
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2025-20-13
Tuesday, 13 May 2025 02:20 PM
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