Trump calls for Fed rate cuts
U.S. President Donald Trump called on the Federal Reserve to lower interest rates, justifying his position by stating that the United States should have the lowest interest rates in the world to boost economic growth. Despite political pressures, expectations remain that the central bank will continue to take supportive measures for the economy. Meanwhile, Fed Chair Jerome Powell emphasized the independence of the Federal Reserve and its commitment to its duties, asserting that it will continue to perform its responsibilities in the face of any attempts by Trump to dismiss it.
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