Trump, Powell and interest rates
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A Fed policy rate that low is not typically a sign that the U.S. is the "hottest" country in the world for investment, as Trump has said.
A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as Mr. Trump pressures him over interest rates.
Trump stated: "There can be a SLOWING of the economy unless Mr. Too Late, a major loser, lowers interest rates." Trump posted on April 17: "Powell’s termination cannot come fast enough!"
WASHINGTON, July 9 (Reuters) - 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.
President-elect Trump on Tuesday declared interest rates are too high even as he decried still-elevated inflation, setting up renewed tensions with the central bank chair who resisted pressure cut ...
Trump made a virtual address to the World Economic Forum in Davos, Switzerland. President Donald Trump on Thursday said he will call for a lowering of U.S. interest rates, exerting pressure on the ...
The Federal Reserve is set to announce its first interest rate decision of 2025 and with a pause expected, it could prompt President Donald Trump to renew his criticism of the central bank.