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Trump calls for slashing interest rates to '1% or less' after the Fed's first hike in 3 years
Source: businessinsider.com
Monetary PolicyInterest Rates & YieldsElections & Domestic Politics
The Federal Reserve raised interest rates by 25bps on September 16, signaling tighter monetary policy. President Donald Trump urged rates of 1% or less in a Truth Social post, highlighting political pressure for substantially easier policy.
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