Trump: Reducing interest rates is an urgent necessity for the American economy

Today, Saturday, US President Donald Trump called on the Federal Reserve (US Central Bank) to urgently reduce interest rates, in a publication via social media.

Trump criticized Federal Reserve Chairman Jerome Powell, noting that “almost everyone agrees on the need to reduce interest rates sooner, not later,” Trump criticized the Federal Reserve Chairman Jerome Powell, noting that “almost everyone agrees on the need to reduce interest rates sooner, not later.” He added: “Powell, who is known for his permanent delay, may spoil things again, but who knows?”

It is noteworthy that these statements come in the context of continuous discussions on US monetary policy amid global and local economic challenges.