Trump Calls for U.S. Interest Rates to Fall to 1% After Fed Hike
📌 President Donald Trump called for U.S. interest rates to be cut to 1% or lower, just about 2 hours and 38 minutes after the Fed raised rates to a 3.75–4.00% range.
💡 The demand highlights a wide gap with the Fed’s current stance. Most officials still expect at least one more rate hike this year, indicating monetary policy has not shifted toward easing.
🔎 Trump later said he still has confidence in Fed Chair Kevin Warsh, while criticizing the Fed board as “hostile” and “political.” Warsh had earlier stressed that the Fed would remain focused on its inflation mandate.
⚠️ For markets, the key issue is the growing tension between White House pressure and the Fed’s policy stance, which could continue to drive volatility in the U.S. dollar, Treasury yields, and rate-sensitive assets.
#FederalReserve $TRUMP
📌 President Donald Trump called for U.S. interest rates to be cut to 1% or lower, just about 2 hours and 38 minutes after the Fed raised rates to a 3.75–4.00% range.
💡 The demand highlights a wide gap with the Fed’s current stance. Most officials still expect at least one more rate hike this year, indicating monetary policy has not shifted toward easing.
🔎 Trump later said he still has confidence in Fed Chair Kevin Warsh, while criticizing the Fed board as “hostile” and “political.” Warsh had earlier stressed that the Fed would remain focused on its inflation mandate.
⚠️ For markets, the key issue is the growing tension between White House pressure and the Fed’s policy stance, which could continue to drive volatility in the U.S. dollar, Treasury yields, and rate-sensitive assets.
#FederalReserve $TRUMP
