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Trump: Fed Must Lower Interest Rates

BlockBeats News, May 14th, President Trump once again called for a rate cut, stating that the Fed must lower interest rates.


Trump tweeted, "No Inflation! It is only the naïveté of Jay Powell and the Federal Reserve that doesn’t allow us to do what other countries are already doing. A once in a lifetime opportunity that we are missing because of 'Boneheads.'"

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The Federal Reserve believes that the current economy has not fallen into a recession and does not need to stimulate demand through interest rate cuts.
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