Trump Urges Fed to Cut Rates as Strong Jobs Data Fuels Expectations of Hike

Trump urges Fed to cut rates as strong jobs data fuels expectations of hike

Trump urges the Fed to cut rates despite strong jobs data, as markets price in hikes.

Trump Says Fed Rate Increase Would Be Wrong

Bloomberg: “President Donald Trump said Federal Reserve policymakers would be wrong to raise interest rates after a blowout US jobs report, while insisting he doesn’t want to influence Kevin Warsh before he chairs his first Fed meeting.” Said Trump: “Nowadays when you have good reports, the market goes down because they think they’re going to raise interest rates. There’s no reason to raise interest rates.”

Trump says Fed rate increase would be wrong after jobs report

Trump's stance against Fed rate hikes highlights tensions between economic growth and inflation control, impacting market stability and investor strategies. The post Trump says Fed rate increase would be wrong after jobs report appeared first on Crypto Briefing.

Trump says Fed rate increase would be wrong, again calls for cut

Rate-hike expectations were reinforced after a hot May jobs report on Friday Read more at The Business Times.