President Trump is absolutely right about lowering interest rates. Hiking interest rates treats the wrong disease squeezing the whole economy to fight a price spike that will most likely fade on its own once the geopolitical shock passes The cost of staying at these rates is not abstract: $1.25 trillion in annual interest payments already exceeds the entire US defense budget, and every quarter point the Fed holds or adds compounds that burden across trillions in outstanding debt. Trump's actual position is not to ignore inflation, but more focused on supply shock which cant be fixed by raising interest rates.