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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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The Baltimore Sun

Trump’s demands on lower interest rates face a skeptical Fed, strong economy

President Donald Trump is pushing the Federal Reserve to lower interest rates as he seeks to put the U.S. economy into overdrive with sprawling ambitions that are running into resistance from markets over concerns about ramping up inflation through tax cuts and tariffs. Trump said he expects energy prices will fall enough under his administration will bring inflation back down and allow the Fed to cut its benchmark interest rate. Speaking to the…

2 months ago·Baltimore, United States

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Activist Post

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Mish Talk - Global Economic Trend Analysis

Economically Clueless Trump “Will Demand Interest Rates Drop Immediately”

With his video address to Davos today, Trump proves he is economically clueless. Speaking to an assembly of global leaders at the World Economic Forum in Davos by video, President Donald Trump says he’ll ‘demand that interest rates drop immediately’. President Donald Trump lobbed his first volley at the Federal Reserve, saying Thursday that he will apply pressure to bring down interest rates. “I’ll demand that interest rates drop immediately,” …

1 month ago

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CBS Austin

Trump's demands on lower interest rates run into a skeptical Fed, strong economy

President Donald Trump is pushing the Federal Reserve to lower interest rates as he seeks to put the U.S. economy into overdrive with sprawling ambitions.

2 months ago

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Fortune

Donald Trump promised to tackle cost-of-living crisis—now he’s risking inflation by demanding interest rates drop ‘immediately’

Progress reducing the rise in consumer prices has stalled, with recent data coming in hotter than expected. By pressuring the Federal Reserve, Trump could reignite inflation.

2 months ago·New York, United States

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Fast Company

Trump will ‘demand’ lower interest rates, but his own policies could make that difficult

President Donald Trump has pledged cheaper prices and lower interest rates, but an economy transformed by the pandemic will make those promises difficult to keep.Economic growth is solid, driven by healthy consumer spending. And budget deficits are huge and could get even larger. Meanwhile, businesses are borrowing more to step up their investments in data centers and artificial intelligence, leading to a greater demand for loans that can raise …

2 months ago

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Semafor

Trump pressures Federal Reserve to cut interest rates

The NewsUS President Donald Trump said he would “demand” policymakers cut interest rates, renewing pressure on the country’s central bank. Trump has long called for more power over monetary policy and is far from the first president to do so, but economists warned against politicization of rates: ABC News noted that President Richard Nixon’s demands for lower rates ahead of the 1972 general election are believed to have raised inflation. Trump’s…

2 months ago·New York, United States

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