Trump Calls for Fed Rate Cuts Amid Leadership Change

Reported about 5 hours ago

President Trump has publicly urged the Federal Reserve to cut interest rates by at least three percentage points. As speculation grows regarding his potential replacement for current Fed Chair Jerome Powell, candidates include Trump's economic advisor Kevin Hassett and former Fed official Kevin Warsh. While Trump advocates immediate rate cuts, experts suggest that any changes will depend on the Federal Open Market Committee's decision and may be more moderate than his proposals.

Source: YAHOO

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