Trump: Worsh to act on interest rates

Former US President Donald Trump spoke about his support for lowering interest rates, expressing his respect for Federal Reserve Chairman Jerome Powell, and stated that Powell will take necessary actions regarding interest rate policies. This comes as markets focus on the upcoming decision of the US Federal Reserve regarding interest rates at its next meeting, with inflation remaining at 3.7% annually until July—above the target of 2%. Trump is urging for the lowest interest rates in the world, amid concerns about persistent inflation and its impact on the US economy, especially with the midterm elections approaching.

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