Trump renews call for interest rate cut, says rates would be lower if Fed chief Powell ‘understood what he was doing’

[https://www.cnbc.com/2025/04/18/trump-renews-call-for-powell-to-lower-interest-rates-he-should-bring-them-down.html](https://www.cnbc.com/2025/04/18/trump-renews-call-for-powell-to-lower-interest-rates-he-should-bring-them-down.html)

President Donald Trump said Friday that Federal Reserve Chair Jerome Powell should lower interest rates.

* “If we had a Fed Chairman that understood what he was doing, interest rates would be coming down too,” Trump said.