📰 Trump Pushes Fed for Big Rate Cut Despite Strong Economy💥
U.S. President Donald Trump is once again pressuring the Federal Reserve to slash interest rates this time by a full 1%. He made the bold call on Truth Social, arguing that borrowing in the U.S. is still too expensive.
“Cut one full point! Borrowing costs must come down so the U.S. doesn’t keep paying too much,” Trump posted.
His demand comes even as recent reports show a strong recovery in the U.S. job market. The Fed own chairman has said the economy remains solid, and there’s no immediate need to lower rates.
Still, Trump insists that a big rate cut would help the economy grow faster and reduce national debt costs. But the Fed seems unlikely to act anytime soon. Their next meeting is set for the end of June, and current projections show no interest rate cuts on the agenda.
This clash between Trump and the Fed could stir debate among investors, especially as election season heats up and the economy takes center stage. Traders will be watching closely because rate cuts, or the lack of them, can shift markets fast.
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