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Trump Urges Fed to Cut Rates: โ€œWe Can Do Better."

July 25th,

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WASHINGTON, D.C. โ€” President Donald Trump expressed confidence in Federal Reserve Chairman Jerome Powell while calling for a reduction in interest rates to further accelerate the U.S. economy.

โ€œI believe that the Chairman's going to do the right thing,โ€ Trump said during remarks at the Federal Reserve. โ€œItโ€™s so big whatโ€™s taking place in America. In a short period of time, we made it the hottest country in the world.โ€

Trump acknowledged the strength of the economy but emphasized that lower interest rates would unlock even more growth. โ€œWith all of that being said... we can do better if interest rates come down,โ€ he added.

The statement comes amid growing calls from both business leaders and lawmakers to ease borrowing costs for families and first-time homebuyers, especially as housing affordability remains a key concern.

Trumpโ€™s remarks align with his administrationโ€™s continued push for policies that support American growth, entrepreneurship, and job creation.