Federal Reserve, Trump and Jerome Powell
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Trump, tariff
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Cryptopolitan on MSNTrump demands that the Fed reduce rates by at least 3 pointsPresident Donald Trump has once again criticized Federal Reserve Chairman Jerome Powell, saying that he had kept interest rates too high. According to POTUS, the Fed rate is at least 3 points high. Trump wrote on his Truth social website that,
U.S. President Donald Trump on Wednesday called on the Federal Reserve to lower the federal benchmark interest rate by at least 3 percentage points, renewing his call for the U.S. central bank to lower rates to help reduce the cost to service the nation's debt.
Federal Reserve officials split over when to cut rates, Brazil vows response to 50% tariff, and more news to start your day.
The minutes reveal more closely the behind closed doors thinking between the U.S.’ top policymakers with the Fed under barrage from the White House.