Trump wanted interest rate cuts to be ‘Rocket Fuel’ for the economy. He is losing that fight so far

President Donald Trump has been advocating for interest rate cuts to stimulate economic growth, but rising rates persist despite his efforts. The Federal Reserve, led by Trump-appointed chair Kevin Warsh, has not provided clear guidance on reducing inflation, while higher borrowing costs are affecting mortgages, auto loans, and national debt servicing. Trump remains optimistic about the economy, but recent data shows slower growth and political challenges for Republicans ahead of midterms.