United States President Donald Trump said prices have fallen across the board since he took office, except for interest rates.
"It's all coming down. The only thing that hasn't come down—but hasn't gone up much—is the interest rate," he said. Trump pointed to falling gasoline prices, saying, "One of the big things was energy—energy was coming down." He also highlighted the drop in egg prices, recalling early fears of shortages. "They were up 2-3 times," he said, adding that this year's White House Easter celebration had no supply issues.
Trump again urged the Federal Reserve to cut rates, calling it "a perfect time." He pushed for quicker action from Fed Chair Jerome Powell, saying he hopes the chairman can be "early or on time" rather than "late, late, late."