President Trump called out Jerome Powell in a Truth Social post for not lowering interest rates this week, continuing his attacks on the Fed chief.

The Federal Reserve has yet to cut interest rates in 2025 as it seeks greater clarity on the eventual effects of President Donald Trump’s tariff policy. While Fed Chair Jerome Powell suggested it’s in a “good position” to act decisively if necessary, some economists worry this approach could make the central bank slow to respond to a downturn.