President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal Reserve.

President Donald Trump took a combative tone at times as he spoke remotely Thursday to an international audience of business leaders, politicians and other elites at the World Economic Forum’s annual event in Davos,

The president bashed Jerome Powell on inflation less than two hours after the Fed chair announced interest rates would stay put. As Bank of America CEO Brian Moynihan may attest, Trump’s timing is not coincidental.

Guggenheim Partners' chief investment officer forecast on Monday that the U.S. Federal Reserve is likely to cut interest rates roughly every quarter in 2025, bringing the reduction to around 75 basis points or even a full percentage point this year.

Speaking before the World Economic Forum in Davos, Switzerland, Trump said he’ll call for interest rates to be lower than current levels. A possible sign he is setting up a possible battle with the Federal Reserve.

President Donald Trump on Thursday said he would press the Federal Reserve to lower interest rates “immediately,” rekindling a fight over the historically independent U.S. central bank.

DAVOS, SWITZERLAND — Investors should rule out nothing from the Federal Reserve in 2025 if the newly minted Trump administration uncorks fresh tariffs on China and the European Union.

The pressure from the president has not influenced the U.S. monetary policy, which considers the situation "balanced.". Just six days after Donald Trump demanded in Davos that central banks around the world lower interest rates,

The Federal Reserve's future moves on interest rates in 2025 will be in a narrow range unless the trajectory of inflation changes, Goldman Sachs CEO David Solomon said in comments posted on the firm's website on Wednesday.

The central bank’s decision to pause at its first meeting of 2025 followed a series of cuts that began in September to account for progress already made on getting inflation down. Over the course of three meetings, the Fed lowered rates by a full percentage point to a range of 4.25 percent to 4.5 percent, which was maintained on Wednesday.

Follow live coverage of the January FOMC meeting, interest-rate announcement, and Fed chairman Jerome Powell's press conference.