During a recent event, President Trump made light of his criticisms towards Federal Reserve Chairman Jerome Powell, saying he wishes Powell would be more proactive about lowering interest rates. Despite previously hinting at the possibility of firing him, Trump expressed no current intention to do so. His comments come amid a turbulent stock market reacting to the implications of his tariff policies and the Fed's response. He emphasized the importance of reducing interest rates for homebuyers while acknowledging broader economic factors at play.
Don't tell him I said that as the cameras rock and roll back there. I mean, he should reduce interest rates. I think I understand interest a lot better than him.
These are minor details. But we should have interest rates go down. It would be positive. It's not going to matter that much because... what we're creating has much more to do with other things.
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