🚨 Trump Calls for 1% Interest Rates Amid September Rate-Cut Optimism

📢 During a visit to the Kennedy Center, President Trump stated he believes interest rates should drop three to four points, bringing them down to 1%, despite the Fed holding steady.

🏛 He also revealed plans to name a new Fed Chair early, with a shortlist reportedly narrowed to 3–4 candidates supportive of a rate cut. Chris Waller is currently the frontrunner, with Kevin Warsh and Kevin Hassett also in the mix.

📊 Market Takeaway:

▫️ Investors are watching closely as rate-cut optimism grows.

▫️ A new Fed Chair aligned with easing could shake markets in 2025.

▫️ Policy shifts may impact equities, crypto, and broader financial trends.

#Finance #FederalReserve #InterestRates #Trump #Markets

https://coingape.com/trump-says-interest-rates-should-be-1-amid-september-rate-cut-optimism/?utm_source=bnb&utm_medium=coingape