- President Trump’s own tariff plan may have stacked the odds against his much-requested cut to the interest rate. According to Fed notes from a meeting ahead of Trump’s tariffs being announced, the threat of such policies was already causing the FOMC to pause. By enacting such policies in the weeks since, the White House may have sealed its own fate.
President Donald Trump has been vocal about his views on Federal Reserve policy, frequently criticizing Chairman Jerome Powell and the Federal Open Market Committee (FOMC) over interest rates, however it’s the president’s own policies that are stacking up against an interest rate cut.
