Trump Presses for Lower Rates During Federal Reserve Visit

A photograph captured on July 24, 2025, depicts the U.S. Federal Reserve building situated in Washington, D.C. This image was taken during a visit by U.S. President Donald Trump.

President Trump's visit to the Federal Reserve headquarters on Thursday afternoon was marked by his consistent advocacy for lower interest rates. He addressed the media, stating the need to reduce rates, emphasizing the strength of the U.S. economy. He highlighted the challenges faced by potential homebuyers due to high interest rates.

Trump further elaborated on his position, citing the absence of inflation and the substantial cash flow within the country. He asserted that the U.S. should have the lowest interest rates globally. He expressed a collective desire to see interest rates decline, characterizing it as a final adjustment needed for the booming economy.

During his visit, Trump reported a productive discussion with Fed Chairman Jerome Powell regarding interest rates. He indicated that Powell would provide further details at the next meeting, while also acknowledging the positive state of the nation's economy. Trump expressed confidence in the chairman's decision-making, suggesting that the appropriate action would be taken.

Local media outlets interpreted Trump's visit as an attempt by his administration to intensify pressure on Powell to lower interest rates.