🚨Trump Urges Big Rate Cut After Inflation Eases
President Donald Trump is once again pushing the Federal Reserve to slash interest rates. After the latest inflation numbers came out looking better than expected, Trump called on Fed Chair Jerome Powell to cut rates by a full 1%.
“The Consumer Price Index just came out. The Fed should lower it by one full point,” Trump said in a social media post. “We could pay much lower interest on our maturing debt. That’s very important.”
Trump has long argued that lower rates would help reduce the cost of the U.S. government’s rising debt. He believes a strong rate cut now would ease pressure on the economy and create better financial conditions.
With national debt levels high and inflation cooling, Trump is making it clear: it’s time for the Fed to act big.
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