Reported 2 days ago
President Trump intensified pressure on the Federal Reserve, advocating for lower interest rates as new tariffs are set to take effect. His comments, shared on social media, followed the Fed's decision to maintain rates and a revised outlook on inflation and economic growth. Despite concerns about how Trump's trade policies might affect prices, the Fed remained cautious in its approach, indicating uncertainty over the impact of tariffs. This comes amidst speculation about the administration's desire for a closer relationship with the central bank.
Source: YAHOO