President Donald Trump says Fed Chair Powell should cut interest rates and ‘stop playing politics'
Headline from NBC Los Angeles
Trump said in a social media post this would be the “perfect” time for the central bank to cut rates, but inflationary impact of tariffs could be an issue.
NBC Los Angeles's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Trump’s push for the Federal Reserve to cut rates comes at the end of a tumultuous week in which markets cratered in response to sweeping new global tariffs.
Trump said in a social media post this would be the “perfect” time for the central bank to cut rates, but inflationary impact of tariffs could be an issue.
President Donald Trump on Friday called on Federal Reserve Chairman Jerome Powell to cut interest rates. The comments come ahead of Powell's economic outlook speech.