Trump: Worsh will act as needed
Despite his respect for Federal Reserve Chairman Jerome Powell, U.S. President Donald Trump affirmed that he will do what is necessary regarding interest rates, emphasizing the need to lower them to the lowest levels in the world. He explained that the central bank faces significant challenges if it does not take measures to ensure inflation drops to 2%, which is its strategic goal, as inflation remained at 3.7% in July. This comes amid upcoming Federal Reserve meetings to discuss potential changes in interest rates before the November midterm elections.
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