Trump Advocates for Lower Interest Rates and Announces Major Investment Plan
Key Highlights from PANews Report:
Trump's Interest Rate Push: U.S. President Donald Trump is pressing the Federal Reserve to cut interest rates to below 1%.
$70 Billion Investment Plan: Trump will announce a major AI and energy investment package in Pennsylvania on Tuesday, targeting data centers, energy infrastructure, and workforce training.
Focus Areas:
New data centers
Power grid expansion
AI training programs and apprenticeships
Event Details: The announcement will happen near Pittsburgh, hosted by Republican Senator McCormick.
Corporate Commitments:
Blackstone Group will reportedly invest $25 billion, creating 6,000 construction jobs and 3,000 long-term jobs yearly.
Up to 60 corporate executives from the AI and energy sectors are expected to attend.
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