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The remarks have also rekindled fears that Trump would attempt to fire Powell if the central banker holds off on rate cuts for too long.

Trump’s Fed fiddling causes Hill heartburn

President Donald Trump called on the Federal Reserve to lower interest rates late Wednesday night, just hours after the central bank announced it wouldn’t touch rates this month. The Fed faces deep uncertainty over the direction of the U.S. economy thanks in large part to Trump’s policies.

Let’s start with Trump. Here’s his post from Truth Social:

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Punchbowl News Presents

We’re launching a weekly show on YouTube on September 4! Fly Out Day will include authentic conversations with the people shaping today’s biggest political stories, straight from our townhouse. Subscribe to our YouTube channel for early access.