Trump Urges Fed Chair Powell Immediate US Interest Rate Cuts

Former President Donald Trump has renewed his criticism of Federal Reserve Chair Jerome Powell, calling for immediate interest rate cuts to address economic challenges. Trump, labeling Powell as 'Too Late Powell,' warned that the Fed chair is likely to mishandle the timing of rate reductions, continuing a longstanding feud. He emphasized that there is widespread consensus for the Fed to act swiftly, reflecting broader market and public pressure. Trump’s remarks came after the Fed decided to hold rates steady, prompting him to escalate his calls for monetary easing. Additionally, Trump announced plans to engage in diplomatic discussions with Russian President Vladimir Putin, Ukrainian President Volodymyr Zelenskyy, and NATO representatives, signaling his intent to influence foreign policy ahead of the next election cycle. These developments highlight Trump’s dual focus on economic policy and international relations as he seeks to regain political momentum.