Trump’s demands on lower interest rates face a skeptical Fed, strong economy
- President Donald Trump has promised lower interest rates and cheaper prices, but the pandemic's economic changes complicate these goals.
- The economy has shown strong growth, with solid consumer spending and low unemployment at 4.1%.
- Inflation has decreased to 2.4%, but Trump's policies may lead to higher prices and borrowing costs.
- Economists warn that persistent budget deficits could push interest rates higher, as stated by Fed Governor Chris Waller.
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Coverage Details
Total News Sources0
Leaning Left20Leaning Right13Center42Last UpdatedBias Distribution56% Center
Bias Distribution
- 56% of the sources are Center
56% Center
L 27%
C 56%
R 17%
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