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Market Impact: 0.4
Trump Says Fed ‘Must Get Smart’ and Lower Interest Rates
Source: Bloomberg
Monetary PolicyInterest Rates & YieldsElections & Domestic PoliticsEconomic Data
Trump urged the Federal Reserve board to “BE PATRIOTS for a change” while praising the US August jobs report. He reiterated his call for lower interest rates, keeping political pressure on the Fed’s policy path in focus. The comments are likely to add some rate-direction volatility, but the news contains no specific policy decision or rate move.
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