Trump: Will ask the Federal Reserve to cut interest rates immediately

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ODAILY
01-24
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Odaily Odaily News reported that on Thursday, Trump said at the World Economic Forum in Davos, Switzerland, "As oil prices fall, I will demand an immediate rate cut, and the whole world should also cut rates." Five days later, the Federal Reserve will hold its first policy meeting since Trump took office on January 28-29, and the outside world generally expects the Fed to keep interest rates unchanged at this meeting. Trump has widely criticized the Fed's rate hikes in the first two years of his first term, and attacked Powell, whom he appointed as Fed chairman, for leading this series of actions. (Jinshi)

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