Trump Seeks Lower Rates with New Fed Chair

U.S. President Donald Trump announced his plan to appoint a new chairman for the U.S. Federal Reserve who supports significantly lower interest rates. He intends to replace current Fed Chair Jerome Powell soon, as mentioned during a national address.

In a bold move, U.S. President Donald Trump stated on Wednesday that the forthcoming chairman of the U.S. Federal Reserve will advocate for markedly lower interest rates.

Addressing the nation, Trump revealed that he plans to name a replacement for current Fed Chair Jerome Powell shortly.

The announcement comes amid ongoing debates over the Federal Reserve's interest rate policies and their impact on the economy.

(With inputs from agencies.)