Trump Says Interest Rates Will Come Down 'A Lot' Under His New Fed Chair Pick: Announcement Coming 'Pretty Soon' - BlackRock (NYSE:BLK)

Trump Says Interest Rates Will Come Down 'A Lot' Under His New Fed Chair Pick: Announcement Coming 'Pretty Soon' - BlackRock (NYSE:BLK)

President Donald Trump renewed his criticism of the Federal Reserve and Chair Jerome Powell for keeping interest rates high, while adding that rates will decline significantly under the next Chair. Rates Will Come Down ‘A Lot’ During a speech in Iowa on Tuesday, Trump slammed Powell yet again for being too slow and indecisive when it comes to acting on monetary policies. “We call him too late. He's too late,” Trump said. Trump said that the Fed …

Trump predicts interest rates will come down after he announces Fed chair pick

Jan 27 (Reuters) – U.S. President Donald Trump on ‍Tuesday said he will soon announce his pick to serve ‌as head ‌of the Federal Reserve, and predicted interest rates would decline ​after the new chair ‍takes ​over. “When we have ​a great Fed ‍chairman, I think we’re going to have one. I’ll announce ‍it pretty soon. You’ll see rates ‍come ‍down a ​lot,” Trump ​said ⁠during a speech ‌in Iowa. (Reporting by Ryan Patrick Jones in Toronto; Editing b…

Trump Signals Aggressive Rate Cuts After Fed Chair Replacement

President Trump signals a dramatic shift in monetary policy. He claims interest rates will plunge soon. He links this move to replacing Fed Chair Jerome Powell. During a rally, he says he will announce the decision shortly. As a result, markets react immediately. Investors price in aggressive easing expectations. BREAKING: President says Federal Reserve interest rates will PLUMMET as soon as he replaces Jerome Powell as Fed Chair"I will announce…

Trump Says Interest Rates Will Come Down Once Fed Chair Is Replaced

US President Donald Trump on Tuesday said the US Federal Reserve will cut interest rates once he announces his pick to replace Federal Reserve Chair Jerome Powell. However, Bitcoin falls and gold rises following Trump’s remarks that he is not concerned by the weakening US dollar. Trump Promises Interest Rate Cuts After New Fed Chair The post Trump Says Interest Rates Will Come Down Once Fed Chair Is Replaced appeared first on CoinGape.