In recent months, Donald Trump has repeatedly attacked the Federal Reserve and its chairperson, Jerome Powell, for setting interest rates higher than Trump would like. “The only problem we have is Jay Powell and the Fed,” the president tweeted on Wednesday. “Big U.S. growth if he does the right thing, BIG CUT – but don’t count on him!

BING NEWS:
  • What higher for longer means
    Another hotter-than-expected inflation report is upending hopes of Federal Reserve interest rate cuts this year, in what could be a blow to President Joe Biden’s reelection campaign and parts of the ...
    04/11/2024 - 12:59 am | View Link
  • Hot Inflation Report Derails Case for Fed June Rate Cut
    derailing the case for the Federal Reserve to begin reducing interest rates in June and raising questions over whether it can deliver cuts this year without signs of an economic slowdown.
    04/10/2024 - 10:27 am | View Link
  • Stocks end the day higher even as blowout jobs report pushes some Fed officials to consider another rate hike
    "This jobs report should indicate that there is no rush and no need for the Fed to save ... cuts are appropriate at all this year. "I believe it’s much too soon to think about cutting interest ...
    04/5/2024 - 10:01 am | View Link
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