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President Trump urges Fed to cut interest rates at World Economic Forum, citing lower oil prices.
President Trump called for immediate interest rate cuts during a speech at the World Economic Forum in Davos, pressuring the Federal Reserve to lower rates despite its independence.
Trump argued that decreasing oil prices could enable the Fed to ease its inflation fight and reduce rates.
This move comes amid ongoing debates over the Fed's policy direction and comes before their upcoming policy meeting.
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El presidente Trump insta a la Fed a reducir los tipos de interés en el Foro Económico Mundial, citando precios más bajos del petróleo.