Trump presses Federal Reserve to cut rates
President Trump again pressed the Federal Reserve to cut interbank lending rates as the administration's sweeping tariffs are set to resume next month.
“The Fed would be MUCH better off CUTTING RATES as U.S. Tariffs start to transition (ease!) their way into the economy. Do the right thing,” Trump wrote Tuesday night in a post on Truth Social. “April 2nd is Liberation Day in America!!!”
The central bank announced earlier Wednesday that it would keep rates steady at a 4.25 to 4.5 percent range even with some indications that the........
© The Hill
