Fed Should Lower Rates If the Market Does Well, Trump Says

Core Viewpoint - President Trump is advocating for a Federal Reserve chair who will lower interest rates if the economy is performing well, indicating his desire for a shift in monetary policy to support market growth [1][4]. Economic Context - Trump has expressed concern over the current market reaction to positive economic data, where good news often leads to market declines due to fears of inflation and interest rate hikes [2][4]. - The Bureau of Economic Analysis reported a 4.3% annualized increase in inflation-adjusted GDP for the third quarter, which is higher than most estimates, yet the S&P 500 reached a record high, contradicting the "good news is bad news" trend [3]. Federal Reserve Leadership - Trump is under political pressure to address affordability issues for voters and is looking for new leadership at the Federal Reserve to help reduce borrowing costs [4]. - The president has narrowed his list of candidates for the Fed chair position to "three or four" and expects to make an announcement in the coming weeks [5].