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Trump Urges Fed Rate Cuts Ahead of FOMC Decision as Markets Brace for Hold

Trump Urges Fed Rate Cuts Ahead of FOMC Decision as Markets Brace for Hold

Published:
2025-06-18 19:11:02
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Former President Donald TRUMP intensified pressure on the Federal Reserve to slash interest rates hours before today's policy decision. Speaking at a White House event, he argued for a 200 basis point reduction to ease government debt burdens, contradicting market consensus expecting unchanged rates at 4.25%-4.5%.

The public admonition targets Fed Chair Jerome Powell, whom Trump confirmed he wouldn't replace despite ongoing criticism. Traders largely dismissed the political intervention, with rate futures pricing 95% odds of policy stasis. Powell's subsequent press briefing may address the unusual public pressure campaign.

|Square

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