Trump Says ‘Too Late’ Powell Must Cut Rates Now, And ‘Bigger Than He Had In Mind’ Ahead Of Fed Meeting This Week
Synopsis
In a post on Truth Social, President Trump said an interest rate cut would give a boost to the housing sector.
President Donald Trump on Monday called on Federal Reserve Chair Jerome Powell to cut interest rates “now,” and by a bigger quantum than expected.
In a post on Truth Social, President Trump stated that an interest rate cut would provide a boost to the housing sector.
“‘Too Late’ MUST CUT INTEREST RATES, NOW, AND BIGGER THAN HE HAD IN MIND. HOUSING WILL SOAR!!!” Trump said.
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