Trump Says 'Too Late' Powell Must Cut Rates Now, And 'Bigger Than He Had In Mind' Ahead Of Fed Meeting This Week
President Donald Trump on Monday called on Federal Reserve Chair Jerome Powell to cut interest rates“now,” and by a bigger quantum than expected.
In a post on Truth Social, President Trump stated that an interest rate cut would provide a boost to the housing sector.
“'Too Late' MUST CUT INTEREST RATES, NOW, AND BIGGER THAN HE HAD IN MIND. HOUSING WILL SOAR!!!” Trump said.
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