Pres Trump is saying that "Too Late"
Powell will probably not cut rates today. Keeping interest rates high is hurting people.That comes after NEC Director Hassett a few minutes ago that :
Although it has been a battle between Trump and Powell, with 3% GDP growth today and the unemployment rate at 4.1% and the stock market making highs and the threat that tariffs could push the inflation rate to and through 3%, even the President has to stand- down -for now at least.
The market is focused on the future course of the Fed. That may show, Powell and the Fed standing-down.
This article was written by Greg Michalowski at investinglive.com.Hence then, the article about pres trump powell will probably not cut rates today was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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