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Trump Demands Aggressive Interest Rate Cut to Boost U.S. Economy
Trump Demands Aggressive Interest Rate Cut to Boost U.S. Economy
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U.S. President Donald TRUMP is intensifying pressure on the Federal Reserve to slash interest rates by 100 basis points ahead of the upcoming FOMC meeting. The proposed cut, Trump argues, would inject "fuel" into the economy, though Fed Chair Jerome Powell remains cautious, emphasizing data-driven decisions.
Market analysts are divided on the likelihood of such a drastic move, with many doubting the Fed will yield to political pressure. The standoff highlights the tension between monetary policy independence and economic stimulus demands.
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