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Posted: 2025-05-08 18:32:30 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-05-08 18:32:47 UTC
Verified By
Rollup News
President Trump believes that a Federal Reserve rate cut would significantly boost the U.S. economy, likening it to adding 'jet fuel.' However, he also stated that the U.S. is currently performing well without such a cut. The Fed has decided to freeze interest rates, and Chairman Jerome Powell has asserted the Fed's independence from political influence.
Potential economic boost from Fed rate cut
Fed's decision to freeze benchmark interest rate
Assertion of the Fed's independence from political influence
The Federal Reserve's decision not to cut rates despite Trump's suggestion.
Maintaining economic stability and growth without a rate cut.