Trump criticizes Powell again, says U.S. should have lowest rates in the world in World Economy News 29/01/2026 U.S. President Donald Trump once again criticized Federal Reserve Chair Jerome Powell on Thursday for keeping interest rates unchanged, arguing the U.S. should have “substantially lower” rates and “the lowest in the world.” In a Truth Social post, Trump called Powell “Too Late” and claimed he is “hurting our Country, and its National Security” by maintaining current interest rate levels. The comments came one day after the Federal Reserve decided to hold benchmark rates steady. Trump insisted there is “absolutely no reason” to keep rates at their current level, especially since Powell “admits inflation is no longer a problem or threat.” Trump argued that high interest rates are costing America “Hundreds of Billions of Dollars a year in totally unnecessary and uncalled for INTEREST EXPENSE.” The president linked his tariff policy to his interest rate demands, stating that “because of the vast amounts of money flowing into our Country because of Tariffs,” the U.S. should have the lowest interest rates globally. He described other countries as “low interest rate paying cash machines” that appear “elegant, solid, and prime, only because the U.S.A. allows them to be.” Trump claimed he has been “very nice, kind, and gentle to countries all over the World” regarding trade relationships, but warned that “with a mere flip of the pen, $BILLIONS more would come into the U.S.A.” The president concluded his post by asserting that “Tariffs have made America strong and powerful again” and reiterated his call for the Fed to “substantially lower interest rates, NOW!” Source: Investing.com 2026-01-29 hellenicshippingnews... window.___gcfg = {lang: 'en-US'}; (function(w, d, s) { function go(){ var js, fjs = d.getElementsByTagName(s)[0], load = function(url, id) { if (d.getElementById(id)) {return;} js = d.createElement(s); js.src = url; js.id = id; fjs.parentNode.insertBefore(js, fjs); }; load('//connect.facebook.net/en/all.js#xfbml=1', 'fbjssdk'); load('https://apis.google.com/js/plusone.js', 'gplus1js'); load('//platform.twitter.com/widgets.js', 'tweetjs'); } if (w.addEventListener) { w.addEventListener("load", go, false); } else if (w.attachEvent) { w.attachEvent("onload",go); } }(window, document, 'script')); tweet Share