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After touring the Federal Reserve, President Donald Trump called for lower interest rates and said he believes Fed Chair Jerome Powell will “do the right thing,” despite their past policy clashes.
3:12
REUTERS/Kent Nishimura
  • ABC News
  • Donald Trump
  • July 24, 2025

Trump advocates for lower interest rates, says he won’t fire Jerome Powell

After touring the Federal Reserve, President Donald Trump called for lower interest rates and said he believes Fed Chair Jerome Powell will “do the right thing,” despite their past policy clashes.

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