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Donald Trump vs Federal Reserve: Why a 1% Fed rate cut could backfire, fuel inflation, and rattle markets — here’s what economists say
Donald Trump's call for the Federal Reserve to slash interest rates to 1% to ease government borrowing costs faces strong opposition. Economists warn this drastic cut risks inflaming inflation expectations,
PolitiFact1d
Trump megabill includes benefits for domestic investment, but no corporate rate cut
As a 2024 presidential candidate, Donald Trump promised to reduce the corporate tax rate from 21% — the rate set by Trump's 2017 tax law — to 15% for companies that make their products in America. His signature tax legislation, which he signed July 4, doesn't do that.
Trump says U.S. interest rate is at least 3 points too high
U.S. President Donald Trump on Wednesday called on the Federal Reserve to lower the federal benchmark interest rate by at least 3 percentage points, renewing his call for the U.S. central bank to lower rates to help reduce the cost to service the nation's debt.
Trump admin’s attacks on Powell over $2.5 billion Fed renovation hinge on ‘VIP dining rooms’ and procedural grounds with an obscure gov agency
The most recent criticisms against Fed chair Jerome Powell come after President Donald Trump continues to demand lower interest rates.
Trump eyes opportunity to oust Powell in $700 million overrun on Fed building extension
President Donald Trump may have found a way to oust Federal Reserve Chairman Jerome Powell, whom he has long criticized for the Fed keeping interest rates too high despite inflation falling. On Tuesday,
Trump compares talking to Powell to 'talking to a chair' while touting his own economic predictions
Trump criticizes Federal Reserve Chairman Powell for expensive headquarters renovations while expressing frustration over interest rate decisions and previewing upcoming trade deals.
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