The right to freedom of speech allows Trump to make demands of the Fed to his heart's content. But legally, he cannot compel the central bank to lower its benchmark interest rate. The Fed has the right to act independently, and its aim is to promote a healthy and stable economy by keeping inflation in check.

New tariffs unveiled by President Trump have further muddied the inflation outlook, Chicago Fed President Austan Goolsbee said, making it more difficult for him to support the rate cuts that the president has pressed for.

President Donald Trump has once again criticized Federal Reserve Chairman Jerome Powell, saying that he had kept interest rates too high. According to POTUS, the Fed rate is at least 3 points high. Trump wrote on his Truth social website that,

Fed meeting minutes reveal growing divisions among policymakers, with several officials signaling openness to a rate cut this year amid modest inflation pressures and tariff uncertainties, while others favor maintaining the current stance.

A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as Mr. Trump pressures him over interest rates.

Trump hopes to get lower rates by replacing Fed Chair Jerome Powell with someone who would do what the president wants. But Powell’s term as chair does not end until May 2026. He’s insisted he won’t resign early.

Some investors have staked out positions in futures markets that will profit if interest rates drop immediately after Jerome Powell’s term as chair ends

President Donald Trump has frequently voiced dissatisfaction with the Fed’s “wait-and-see" approach to lowering interest rates under Powell.

Kevin Warsh, the former Fed governor considered the most likely replacement for Jerome Powell to lead the Fed, on Monday night articulated his vision for policy. “Interest rates should be lower. The balance sheet should be smaller,

BTC jumped within 30 minutes of Trump’s rate-cut post as analysts weighed inflation risks and the impact of a potential 300 bp cut on asset prices.

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