President Trump pressures Fed to cut rates, highlighting tension with the central bank.

President Trump called for an immediate cut in US interest rates, stating his belief that he understands monetary policy better than the Federal Reserve. Trump made these remarks at the World Economic Forum in Davos, Switzerland, suggesting that lower oil prices could facilitate rate reductions. This comes despite the Fed's recent rate cut and its tradition of independent decision-making. Trump's comments reflect his ongoing pressure on the Fed, with whom he has had disagreements over monetary policy.

2 months ago
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