Trump says interest rates should be 'lowered' to go 'hand-in-hand' with his tariffs
- President Donald Trump has called for the Federal Reserve, led by Chair Jerome Powell, to lower interest rates to align with his tariffs.
- Despite Trump's request, analysts predict that the Federal Reserve will not cut interest rates this year, according to economists at the Bank of America.
- Jerome Powell indicated a cautious approach, stating that the Fed is monitoring economic conditions and does not require an immediate adjustment to interest rates at this time.
- Following a higher-than-expected inflation report, market expectations increased for the Fed to maintain current interest rates through 2025, affecting borrowing costs for consumers.
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34 Articles
34 Articles
All
Left
3
Center
5
Right
8
Coverage Details
Total News Sources34
Leaning Left3Leaning Right8Center5Last UpdatedBias Distribution50% Right
Bias Distribution
- 50% of the sources lean Right
50% Right
L 19%
C 31%
R 50%
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