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Trump Calls for Lower Interest Rates
U.S. President Donald Trump expressed his desire to lower interest rates to achieve economic stability, emphasizing the need to allow for cuts as long as the country succeeds and avoiding any increases as a result. He indicated that lowering interest rates could boost economic growth and strengthen financial markets. Reports also suggest that some Federal Reserve members are prepared to raise interest rates amid differing forecasts about the trajectory of U.S. interest rates. The markets were also affected, with gold prices dropping by 0.8% ahead of the central bank's decision, and the dollar weakened against the euro, with expectations of either maintaining or increasing the interest rate depending on economic developments.
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