Trump Signals Aggressive Rate Cuts Post-Powell Fed Chair Term
Former President Donald TRUMP has reignited his push for lower interest rates, declaring in a recent Iowa speech that borrowing costs will plunge once a new Federal Reserve Chair is appointed. With Jerome Powell's term ending in May 2026, Trump's remarks have injected volatility into market expectations—though short-term caution prevails ahead of the imminent FOMC meeting.
Trump criticized current monetary policy as overly restrictive, framing aggressive cuts as essential for growth sectors like housing and investment. His apparent indifference to dollar weakness suggests an export-focused strategy, potentially reshaping currency and commodity markets.