Editor's PiCK

Trump "Interest rates should be lowered…Inflation is falling, stock market at an all-time high"

Source
Minseung Kang

Summary

  • Donald Trump emphasized the need for interest rate cuts.
  • Trump said inflation is coming down.
  • He said the stock market is at an all-time high.

U.S. President Donald Trump emphasized the need for interest rate cuts and offered an optimistic outlook on the economic situation.

On the 12th, according to the overseas economic breaking-news channel Walter Bloomberg, President Trump said in a Fox News interview, "We need lower interest rates." He also criticized the central bank's response speed, saying, "The Federal Reserve (Fed) is always late on interest rates."

Trump also emphasized, "Inflation has come down and the stock market has gone up," and said, "Right now we have the best stock market in history."

publisher img

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
What did you think of the article you just read?