Economic Policies

Trump Urges Fed Rate Cuts to Ease Economy’s Tariff Transition

‘The president has every right to criticize the decision,’ press secretary Karoline Leavitt said to reporters.
Trump Urges Fed Rate Cuts to Ease Economy’s Tariff Transition
President Donald Trump delivers remarks on the jobs report from the Oval Office at the White House on March 7, 2025. Anna Moneymaker/Getty Images
Andrew Moran
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President Donald Trump wants the Federal Reserve to cut interest rates to help ease the U.S. economy’s tariff-driven transition.

Trump has been largely silent about monetary policy for the last several weeks. After the central bank’s March policy meeting, however, the president weighed in on the Federal Reserve’s decision, urging Chair Jerome Powell and his colleagues to lower rates.

Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."