Former U.S. President Donald Trump made controversial statements regarding Federal Reserve policy, calling for interest rate cuts alongside the easing of tariffs imposed by his administration, on the day the U.S. central bank decided to keep interest rates unchanged.
Trump's Statements: Trump noted that the Federal Reserve would be in a better position if it lowered interest rates as the easing of U.S. tariffs begins, emphasizing the impact of these tariffs on the economy. Trump stated in a post on the "Truth Social" platform: "The Federal Reserve will be in a much better position if it lowers interest rates as the easing of U.S. tariffs begins and its effect on the economy. Do the right thing. April 2nd is Liberation Day in America!!!" Trump's statements come at a time when his administration is preparing to unveil a new wave of tariffs, which Federal Reserve Chairman Jerome Powell indicated could cast a shadow over forecasts.
