Trump: Fed Should Drop Interest Rates to 1 Percent

Federal Reserve Board Chair Jerome Powell remains a target of President Donald Trump's ire. (Alex Wong/Getty Images)

Monday, 14 July 2025 01:44 PM EDT ET

President Donald Trump on Monday renewed his attacks on Federal Reserve Chair Jerome Powell, saying interest rates should be at 1% or lower.

"We should be at 1%. We should be less than 1%," Trump said.

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President Donald Trump on Monday renewed his attacks on Federal Reserve Chair Jerome Powell, saying interest rates should be at 1% or lower.
fed, chair, interest, rates, jerome powell, debt
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Monday, 14 July 2025 01:44 PM
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