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Trump Says Powell Should Lower Interest Rates by 2.5 Points

June 19, 2025, 2:09 PM UTC
Bryan Pietsch
Bryan Pietsch

President Trump reiterates that Federal Reserve Chair Jerome Powell should lower interest rates by 2.5 points.

  • Trump comments in a post on Truth Social
  • He says the Federal Reserve board is “complicit” in costing the US “hundreds of billions of dollars”
  • “Europe has had 10 cuts, we have had none,” Trump says

To contact the reporter on this story:
Bryan Pietsch in Washington at bpietsch3@bloomberg.net

To contact the editors responsible for this story:
Kasia Klimasinska at kklimasinska@bloomberg.net

Gabriella Borter

© 2025 Bloomberg L.P. All rights reserved. Used with permission.

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