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5 things to know about Trump's tumultuous relationship with the Fed


Published on 2025-03-20 13:00:59 - Insider
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  • Trump said rates should be lowered as tariffs "ease" their way into the economy. It's not the first time the president has called for the Fed to slash rates.

Donald Trump has intensified his criticism of the Federal Reserve, urging it to cut interest rates immediately to stimulate the U.S. economy. In a series of posts on Truth Social, Trump argued that lower rates would help prevent a recession and boost economic growth, particularly as he positions himself for a potential 2024 presidential run. He has accused the Fed of being too slow in adjusting monetary policy, claiming that their current stance is detrimental to economic recovery. Trump's comments come at a time when inflation rates are showing signs of cooling, but the Fed has indicated a cautious approach to any rate changes, focusing on achieving a sustainable economic environment. This push for rate cuts reflects Trump's ongoing battle with the central bank's independence and his economic strategy of promoting growth through lower borrowing costs.

Read the Full Insider Article at:
[ https://www.msn.com/en-us/money/markets/trump-is-ramping-up-his-call-for-the-fed-to-cut-interest-rates-asap/ar-AA1BjF1C ]