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Trump says he believes Powell is ready to start lowering rates

216d ago
Business
CNBC
Business meeting
Former President Trump stated on Friday that he anticipates the Federal Reserve will begin lowering interest rates soon. This follows a meeting between Trump and current Fed Chair Jerome Powell on Thursday. While Trump has frequently criticized the Fed's interest rate policies in the past, this statement reflects a more optimistic outlook on potential monetary easing. The timing and extent of any future rate cuts by the Fed remain uncertain and dependent on economic data.
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