Trump says 'perfect time' for Fed to cut interest rates

April 4, 2025 11:17 AM EDT

FILE PHOTO: The Federal Reserve building is seen in Washington, U.S., January 26, 2022. REUTERS/Joshua Roberts/File Photo

WASHINGTON (Reuters) -U.S. President Donald Trump on Friday called on Federal Reserve Chairman Jerome Powell to cut interest rates, saying it was the "perfect time" to do so.

"CUT INTEREST RATES, JEROME, AND STOP PLAYING POLITICS!," Trump said on Truth Social.

(Reporting by Katharine Jackson and Ismail Shakil; Editing by Caitlin Webber)



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