🚨 Trump Demands Immediate Rate Cut – Calls Fed a Drag on Economy

Donald Trump is pressuring the Federal Reserve to slash interest rates by a full percentage point, calling it “rocket fuel” for the U.S. economy. Despite stronger-than-expected job growth (139K jobs added in May), Trump insists borrowing costs are too high and blames Fed Chair Jerome Powell for “costing the country a fortune.”

Markets, however, aren’t convinced. Traders now see just a 62% chance of a rate cut in September, down from 74%. With inflation concerns still lingering and wages up 3.9% year-over-year, the Fed is unlikely to move quickly. But Trump wants action now—cut rates fast, and worry about inflation later.

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