Does Donald Trump have power to lower US Fed interest rates? Here's what Americans need to know
- Posted on February 12, 2025
- By Business News Today
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Does Donald Trump have power to lower US Fed interest rates? Here's what Americans need to know
![](https://img.etimg.com/thumb/msid-118183165,width-1200,height-630,imgsize-31274,overlay-economictimes/articleshow.jpg)
US Fed Chair Jerome Powell said there was no need to be "in a hurry" lowering rates but President Donald Trump has other suggestions.