๐ Trump Pressures Fed for Rate Cuts Ahead of Crucial FOMC Decision
๐บ๐ธ With the FOMC decision just hours away, former U.S. President Donald Trump has once again urged Federal Reserve Chair Jerome Powell to cut interest rates โ reigniting a familiar debate on monetary policy and its impact on the economy.
๐ The Fed is currently weighing whether to adjust the benchmark rate from its current 4.25%โ4.5% range amid ongoing inflation concerns and slowing economic momentum.
๐ฌ Trumpโs push underscores the growing political pressure on central banks as financial markets, businesses, and consumers alike await signals on the future of borrowing costs.
๐ A rate cut could have ripple effects across:
๐ Equity & bond markets
๐ Real estate & lending
๐ฐ Crypto & alternative assets
๐ As global uncertainty mounts, all eyes are on Powell & the Fed โ will they hold or fold?
#FOMC #FederalReserve #DonaldTrump #Markets #Economy
https://coingape.com/donald-trump-pushes-for-interest-rate-cuts-ahead-fomc-decision/