President Trump publicly expressed his hope that Federal Reserve Chair Jerome Powell will lower interest rates, disagreeing with the Fed's decision to keep them unchanged in March.
This conflict arises amid concerns about the US economy's trajectory, including potential recession and a looming trade war, with Trump advocating for rate cuts to ease economic pressures.
Despite Trump's repeated calls for lower rates, Powell maintains a cautious 'wait and see' approach, citing uncertainty surrounding economic impacts. Show Less