The interest rates In the US it should have been by at least two to three percentage points lower, as the US president said today (24.6.2025) Donald Trumpprior to the deposition of the Federal Reserve, Fed, Federal Reserve, Fed) before Congress.
“We should have been at least two to three units lower … If things later change to the negative, it increased the interest rate,” Trump wrote in a post on Truth Social, whose social media owns.
“Powell will be in Congress today to explain, among other things, why he refuses to lower the interest rate,” Trump added.
Powell is set to submit today and tomorrow, Wednesday, in Congress, after a week of sharp Trump observations, which is calling for interest rates and causing Wall Street concerns about the Fed Future direction when Powell’s term expires.
Last week, the Fed maintained interest rates in the range of 4.25% – 4.50% and predicted two reductions by the end of 2025. However, Powell said he was expecting “significant” inflation in the future, as consumers pay more for goods due to the planned duty.
Trump’s comments on interest rates were made just a few hours after announcing a ceasefire between Israel and Iran.
Source: RES-EIA