Trump’s latest remarks are pretty interesting—when the economy is doing well, raising interest rates really does feel like asking for trouble, but how do you balance cutting rates to expand spending while also dealing with debt problems? Wait until after the first meeting with Wosh to press the advantage—he’s running old-school political playbook.

Trump stated in an NBC interview that when employment data is strong, further interest rate hikes by the Federal Reserve would be a mistake; he is reluctant to pressure Powell before his first meeting as chair, believing that when the economy is good, it shouldn't be punished through rate hikes. He advocates for rate cuts, mentioning issues like debt that need to be addressed, plans to expand defense spending, and expressed willingness to work with Powell and respect him.