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,

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.

U.S. President Donald Trump delivered remarks Thursday in a video appearance at the World Economic Forum’s annual gathering in Davos, Switzerland.

US Federal Reserve has a dual mandate to act independently and keep inflation and employment in check, primarily by raising and lowering short-term interest rates

With inflation still hovering above the 2% target, policymakers are expected to take a cautious stance, closely monitoring economic trends and the potential impact of the new administration’s policies.

DAVOS, SWITZERLAND — The Federal Reserve now needs to be on Trump watch if it wants to engineer the proper dose of monetary policy, according to Bank of America chief Brian Moynihan.

Federal Reserve officials held interest rates steady after their latest policy meeting, the first to take place during the second Trump administration.

The Fed is expected to hold off on another rate cut at its Jan. 29 meeting. Here's what it means for your finances.

"It's still a very strong Trump news cycle. The last thing Powell wants to do is to kind of paint a target on the Fed" by suggesting in any way that interest-rate policy "could interfere with the pursuit of the Trump agenda," said Derek Tang, head of the LHMeyer research team that forecasts Fed policy.

To stay out of the headlines, Powell won't rule out a rate cut at the Fed's next meeting, scheduled for March, and will be careful to stay neutral on Trump's economic policy, Tang said. The Fed won't release an updated economic forecast until its next meeting, in mid-March.