US President Donald Trump has pressed Federal Reserve Chair Jerome Powell to lower interest rates, citing the need to boost consumer demand. In a recent tweet, Trump called for the central bank to act now, saying it would be a “PERFECT time” to cut rates and change Powell’s image as being “always late”.
Source: https://www.bloomberg.com/news/articles/2025-04-04/trump-pressures-powell-to-slash-interest-rates-ahead-of-speech