President Trump seeks to leverage fiscal policy to influence the Federal Reserve into lowering interest rates. By pursuing $1 trillion in spending cuts, his administration aims to slow the economy, potentially triggering the Fed to ease rates. Meanwhile, economic indicators signal a possible recession is looming. President Trump seeks to leverage fiscal policy to influence the Federal Reserve into lowering interest rates. By pursuing $1 trillion in spending cuts, his administration aims to slow the economy, potentially triggering the Fed to ease rates. Meanwhile, economic indicators signal a possible recession is looming. Economic Times