Trump told Fed Chair he was ‘making a mistake’ not cutting rates: White House
Published Fri, May 30, 2025 · 07:20 AM
US President Donald Trump on Thursday stepped up pressure on Jerome Powell to cut interest rates, the White House said, describing his first sit-down with the chairman of the Federal Reserve since his return to office.
Trump said “he believes the Fed chair is making a mistake by not lowering interest rates, which is putting us at an economic disadvantage to China and other countries,” White House Press Secretary Karoline Leavitt told reporters in Washington. AFP
Share with us your feedback on BT's products and services
Originally published by businesstimes.com.sg. Syndicated material does not necessarily reflect the views of Vanity Fair Fashion.
