Donald Trump has urged the Federal Reserve to reduce interest rates immediately, citing market volatility and a decline in global confidence. His calls for swift action come amid concerns over potential political influence on economic policy. The S&P 500 index has experienced a substantial drop, exceeding 3% after the release of these demands, as investors are uncertain how much control Trump will have over the Fed’s decisions. The U.S. dollar has also suffered, hitting its lowest point in two years, further indicating investor hesitation and anxiety about political intervention. While President Trump has criticized the Fed’s cautious approach to interest rates, his calls for immediate action are met with caution by Chairman Powell who emphasizes a watchful stance on economic conditions. This political pressure on monetary policy underscores growing concerns among investors regarding potential influence from political actors in financial decision-making.