Trump Supports Fed’s Decision to Pause Interest Rate Cuts
03.02.2025 22:00 1 min. read Alexander Zdravkov
After the Federal Reserve decided to maintain interest rates last week, former U.S. President Donald Trump expressed his support for the move, deeming it the correct choice.
In comments to the press in Washington, Trump stated, “I’m not surprised. Keeping interest rates steady at this point was the right thing to do,” emphasizing that he felt the Fed had made the proper decision by halting any further rate cuts.
This view marks a shift from his previous stance, particularly his remarks at the Davos World Economic Forum just a week earlier, where he had called for rate reductions.
Trump’s approval of the Fed’s recent decision comes after a series of rate cuts made over the past several months, with the central bank having reduced rates three times in 2024 before deciding to hold them steady.
At the start of 2025, the Fed opted to pause its ongoing rate cuts, reflecting a more cautious approach while observing the effects of Trump’s policy shifts under his new presidency.
The Fed’s decision comes at a critical moment, as the central bank assesses both global and domestic economic conditions.
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