Trump Backs Fed’s Rate Cut Decision

US President Donald Trump has unexpectedly expressed support for the Federal Reserve’s decision to pause its rate-cutting path, reversing his typical stance on lower interest rates. In a statement made upon arriving in Washington on Sunday evening, Trump stated that holding rates steady was the “right thing to do.” This marks a rare instance where Trump has sided with the Fed’s monetary policy decisions.

Source: https://www.bloomberg.com/news/articles/2025-02-03/trump-says-fed-made-the-right-call-last-week-to-pause-rate-cuts