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Trump Pushes Fed for Rate Cuts | US News
Trump’s pushing the Fed to slash rates, claiming the U.S. should have the lowest in the world — but a surprisingly strong August jobs report might be working against him. With 162,000 new jobs and upward revisions for prior months, especially from restaurants and bars, the labor market’s resilience could prompt traders to bet on rate hikes instead. Trump’s tying lower borrowing costs to trade policy, threatening tariffs on surplus nations if rates don’t drop — and he’s calling on the Fed to “be patriots.” The Fed’s next move is September 16th, with inflation data looming — possibly defying…
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