Donald Trump pressures the Fed to lower interest rates

WASHINGTON.- This Thursday, the president of the United States , Donald Trump , renewed his attacks on the president of the Federal Reserve , Jerome Powell , on the Truth social network, by assuring that “too slow (in lowering interest rates) degrades the credit of the United States” in the face of increases in the stock market .

Trump said the United States is experiencing a “ gigantic comeback ” and that the Fed “should reflect this. We should be at the top of the list. LOWER RATES.”

In a previous post, you mentioned that industrial and technology stocks are at all-time highs, which briefly occurred on the Nasdaq stock market at the start of trading on Thursday.

Trump also highlighted, in his usual capital letters and repeated exclamations, that the technology company Nvidia has risen 47% since his first announcements of tariff measures and that cryptocurrencies are "through the roof."

“The US is taking hundreds of billions in tariffs. The country is back. Big credit! The Fed must quickly lower interest rates to reflect this strength,” Trump said, after noting that the country is not experiencing inflation.

Meanwhile, Powell continues to point out in his remarks that the US labor market and economy remain strong, so there is room in monetary policy to wait for a further rate cut, following the cycle that began last September.

The Fed chairman wants to wait for more data on the impact of Trump's tariff proposals or the recently passed budget before deciding on further interest rate cuts .

Trump has used various arguments to urge Powell to lower interest rates , but a stock market at record highs and inflation above the Central Bank's target, as is the case here, is not typically the ideal time to stimulate the economy with expansionary monetary policy.

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