“Lets Rock And Roll, America” – Trump Calls For Interest Rates To Be Lowered
The Pro Trump News homepage has 60 new headlines every 24 hours - click here to see it.
Donald Trump called for Interest Rates to be lowered to go “hand in hand with upcoming Tariffs!!!”
Interest Rates should be lowered, something which would go hand in hand with upcoming Tariffs!!! Lets Rock and Roll, America!!!
Jerome Powell told a Senate Committee on Tuesday that the Federal Reserve “do not need to be in a hurry” to cut interest rates.
Federal Reserve Chair Jerome Powell told a Senate Committee Tuesday that with a strong job market and with inflation still elevated, he and his colleagues “do not need to be in a hurry” to cut interest rates.
Powell also fielded questions about President Trump’s economic policies and the Fed’s own bank supervision — and as usual, the Fed chair tried to steer clear of politics.
In his semi-annual report to Congress, Powell noted that the central bank had lowered its benchmark interest rate by a full percentage point last year. Further cuts will likely have to wait until inflation cools further or until there’s a notable softening of the job market.
Advertisement
