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President Trump pressures Fed Chair Powell to cut interest rates, citing economic benefits.
President Trump called for the Federal Reserve's board to take control from Chair Jerome Powell, criticizing Powell for not cutting interest rates.
Trump labeled Powell "stubborn" and argued that lower rates would boost economic growth and reduce debt costs.
Despite the Fed's preferred inflation measure being at 2.6%, Trump wants a three-percentage-point cut, which could risk accelerating inflation.
Trump can appoint a new Fed chair in May 2026 with Senate approval.
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El presidente Trump presiona al presidente de la Fed, Powell, para que reduzca las tasas de interés, citando beneficios económicos.