President Donald Trump has repeatedly pressured Federal Reserve Chair Jerome Powell to lower interest rates, escalating tensions by publicly calling for Powell’s termination. Trump argues that cutting rates would stimulate the economy, citing falling oil prices and claiming tariffs are boosting U.S. wealth. However, Powell has warned that Trump’s sweeping tariff policies are likely to [...]The post Trump’s Escalating Interest Rate Tension and Potential Rise on Inflation Due to Tariff appeared first on Tekedia.
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