Key facts
- President Donald Trump is pressuring Federal Reserve Governor Jerome Powell to cut interest rates.
- Trump previously urged Powell to cut rates to make the economy 'great again'.
President Donald Trump has continued his campaign to influence Federal Reserve policy, specifically urging Governor Jerome Powell to reduce interest rates. Trump has previously voiced his desire for a rate cut, stating that such a move would help make the U.S. economy 'great again.' This ongoing pressure highlights the tension between the White House and the central bank regarding monetary policy decisions.