U.S. President Donald Trump once again publicly criticized the Federal Reserve this week, calling its board members “highly politicized” and stating that interest rates should be lowered. Donald Trump Speaking to reporters aboard Air Force One, he said that while he considers Federal Reserve Chair Kevin Wash “great,” Board members may have “ulterior motives” that are hindering interest rate cuts. He emphasized that the U.S. economy should have achieved GDP growth of 8% to 12%, which would require lower interest rates.Since the start of his second term on January 20, 2025, Donald Trump has been critical of the Federal Reserve’s interest rate policy, arguing that the federal funds target rate—currently in the 3.5% to 3.75% range—should be lowered to 1% or lower.