Trump Supports Fed's Decision to Pause Interest Rates Amid Tariff Plans

Reported about 9 hours ago

President Trump praised the Federal Reserve's decision to maintain interest rates during its last meeting, calling it the 'right thing to do.' This comment came following his announcement of new tariffs on imports from Mexico, Canada, and China, which some economists predict could lead to higher inflation and affect future monetary policy. While Trump acknowledged potential short-term pain from the tariffs, he emphasized a long-term strategy to boost U.S. manufacturing and combat trade deficits.

Source: YAHOO

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