Core Viewpoint - President Trump asserts that the U.S. should have the lowest interest rates globally due to the influx of money from tariffs, criticizing the Federal Reserve for not cutting rates [1][2]. Group 1: Federal Reserve Actions - The Federal Reserve decided to maintain interest rates between 3.5% and 3.75%, despite calls for a reduction from some officials [1]. - Fed Chair Jerome Powell indicated there is "broad support" for holding interest rates steady, suggesting the economy is performing well [2]. Group 2: Economic Context - Powell noted that the economy expanded at a solid pace in 2025 and started 2026 on a firm footing, although job gains have been low and inflation remains elevated [2]. - The unemployment rate has shown signs of stabilization, indicating a mixed economic outlook [2]. Group 3: Political Dynamics - Trump criticized Powell, labeling him a "moron" for not lowering interest rates and urged immediate action [2]. - Powell advised his successor to avoid involvement in elected politics, highlighting the tension between the Fed and political pressures [3].
Trump Claims US Should Pay World's ‘LOWEST' Interest Rates After Fed Paused Cuts
Forbes·2026-01-29 13:40