Trump warns of trade freeze unless Fed slashes interest rates
US President Donald Trump has warned that he may stop trade with nations where the US has a deficit if the Federal Reserve refuses to reduce interest rates. In a post on Truth Social, Trump claimed that the US is entitled to the lowest rates globally. This ultimatum comes after a robust August jobs report revealed 162,000 new positions were added, which makes the likelihood of immediate rate cuts more difficult.
by shortkt.com✓