Trump says interest rates should be “reduced” to go alongside his definitions

President Donald Trump has again replaced positions in the federal reserve, noting in a social media post on Wednesday that interest rates should decrease.

“Interest rates must be reduced, which is going alongside with the upcoming tariffs !!! Let us let the rock & roll, America !!!” The president said in the morning post on the social truth.

The comments come a day after the Federal Reserve Chairman Jerome Powell said Political makers do not need to be “in haste” To reduce rates while they are monitored by making inflation. Other officials said they are also evaluating the potential effects that the definitions will achieve on prices, although Powell avoids commenting directly on this issue.

Trump’s publication also reflects a changing narration from the White House when it comes to monetary policy.

Soon after taking office, Trump demanded to reduce interest rates “immediately”, although he has no direct authority over the Federal Reserve. A few days later, he said that the federal reserve made the right decision to keep steady in its meeting in late January.

In the subsequent statements, Treasury Secretary Scott Payett said that the administration was more focused on reducing the treasury return for 10 years than the short -term federal reserve rate.

However, Wednesday’s suspension from Trump indicates a bounce to pressure the central bank to reduce policy.

The market pricing means that the Federal Reserve will remain in a suspension until June or July, then it is not cut again for the rest of the year. Some economists, including those in Bank of America, believe that the central bank will not reduce this year after the borrowing rate decreased during the night to a full percentage in 2024.