Trump Calls for Lower US Interest Rates
U.S. President Donald Trump called on the Federal Reserve to cut interest rates sharply and swiftly, considering that an appropriate level should be at 1% or below, in order to support economic growth and counter inflationary pressures caused by rising energy prices and tariffs. Despite his suggestion for a substantial rate cut, the central bank clarified that its decisions are based on inflation data and the labor market, aiming to balance supporting growth with controlling inflation. The country is currently experiencing persistent inflationary pressures due to economic and geopolitical factors, while disagreements continue between Trump and the central bank regarding the trajectory of interest rates.
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