Trump Criticizes Fed Chair Powell Over High Interest Rates, Cites Strong Housing, Fed Is Late, May Call to Urge Cuts

President Donald Trump has criticized Federal Reserve Chairman Jerome Powell for maintaining interest rates at what he describes as "too high" levels. Trump stated that he has not yet contacted Powell but may do so in the future to urge a reduction in interest rates. He expressed the view that lowering rates would benefit the economy, noting that despite high interest rates, housing numbers remain strong. Trump also reiterated his belief that the Fed has been late in adjusting monetary policy and emphasized that lowering interest rates is a smart move. These remarks add to ongoing debates about the Federal Reserve's approach to managing the U.S. economy.