White House says Trump wrote Powell to urge lower rates

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By: Reuters June 30, 2025 23:21 IST 1 min readUS President Donald Trump wrote Fed Chair Jerome Powell urging him to lower interest rates. (File Photo)US President Donald Trump wrote Fed Chair Jerome Powell urging him to lower interest rates, White House press secretary Karoline Leavitt told reporters on Monday.Leavitt, at a briefing, displayed a copy of Trump’s handwritten notes to Powell on a piece of paper showing the interest rates charged by more than two dozen countries. Trump believes interest rates should be lowered to about 1%, she said.Stay updated with the latest - Click here to follow us on InstagramTags:donald trump