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Trump Says U.S. Prices Are Falling, Hopes Fed Will Cut Rates
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U.S. President Donald Trump reiterated his call for the Federal Reserve to cut interest rates during a cabinet meeting, continuing to pressure the Fed on its monetary policy, foreign media reported. Overall, goods prices are falling and energy prices are declining, said Trump, voicing hope that the Fed will lower interest rates. Following the Fed’s announcement last week to keep interest rates unchanged, Trump immediately voiced hope that the Fed will implement rate cuts, given the potential economic impact of proposed tariff policies. AAStocks Financial News |
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