Summary
- It was reported that U.S. President Donald Trump urged the Federal Reserve to cut rates immediately.
- It said President Trump criticized Fed Chair Jerome Powell, arguing that the Fed should cut rates immediately rather than wait until the next monetary policy meeting.
- It was reported that the remarks came as tensions between politicians and the central bank continue over the direction of U.S. monetary policy.
Forecast Trend Report by Period
U.S. President Donald Trump urged the Federal Reserve (Fed) to cut interest rates immediately.
According to Walter Bloomberg on the 12th (local time), President Trump criticized Fed Chair Jerome Powell, arguing that the Fed should cut rates right away rather than wait until the next monetary policy meeting.
He pointed to Powell, saying the decision to cut rates is being delayed.
The remarks are interpreted as coming amid continuing tensions between politicians and the central bank over the direction of U.S. monetary policy.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
