Archive · 29 Jan 2026
Trump Criticizes Powell Over High Interest Rates
President Trump is very upset with Jerome Powell, the head of the Federal Reserve.
He thinks Powell is keeping interest rates too high, which is bad for the country.
Trump says this is costing America a lot of money and making it less safe.
He wants Powell to lower the interest rates right away.
The Federal Reserve recently decided to keep the rates the same, saying the economy is doing well but inflation is still a bit high.
Trump believes the US should have the lowest interest rates in the world and that high rates are unnecessary now that inflation is under control.
He also thinks that other countries benefit from the US economy's strength and should pay more because of his tariff policies.
The next meeting to decide on interest rates is in March.
President Trump criticized Federal Reserve Chairman Jerome Powell for keeping interest rates high.
Trump claims high interest rates are hurting the US economy and national security.
The Federal Reserve decided to keep the key borrowing rate unchanged at 3.5% to 3.75%.
Trump believes the US should have the lowest interest rates in the world.
The next Fed policy meeting is scheduled for March 17–18.
- Who
- President Donald Trump, Federal Reserve Chairman Jerome Powell
- What
- Trump criticizes Powell for keeping interest rates high
- When
- Thursday, after the FOMC decision on Wednesday
- Where
- United States
- Why
- Trump believes high interest rates are hurting the economy and national security
- President
- Donald Trump
- Federal Reserve Chairman
- Jerome Powell
- Interest Rates
- 3.5% to 3.75%
- FOMC Decision
- Unchanged rates
- Trump's Claim
- High rates hurt economy, national security
- Next Fed Meeting
- March 17–18
- Trump's Demand
- Substantially lower interest rates now