President Donald Trump on Thursday renewed his call for the Federal Reserve to lower interest rates, pointing to record-setting performances in technology and industrial stocks, along with a surge in cryptocurrency markets. In posts on Truth Social, Trump emphasized the rally in equities—highlighting NVIDIA’s 47% gain since his tariff announcements—and said the U.S. economy is “back.”
Trump argued that inflation is not a concern and that the country is now the “top credit in the world,” warranting what he called an urgent rate cut. “We should be at the top of the list,” Trump wrote, adding in all caps: “CUT THE RATE!”
He also noted the U.S. is collecting “hundreds of billions of dollars” through tariffs, positioning the revenue as a sign of economic strength. The former Fed critic said current monetary policy should reflect what he described as a “spectacular recovery.”
The Federal Reserve has held interest rates steady in recent months while signaling a cautious outlook on inflation and global conditions. Trump’s latest comments are expected to stir further debate over the Fed’s independence and policy direction ahead of upcoming economic data releases.
