Trump urges for interest rate cuts again, Federal Reserve Chairman: it's too early.
Interface News
2025-4-507:02 Shanghai Interface News Official Account
On April 4, local time, U.S. President Trump posted on the social media platform "Truth Social" that now is an excellent time for Federal Reserve Chairman Powell to cut interest rates.
On the same day, Powell stated that U.S. tariffs could lead to rising inflation, slowing economic growth, and an increased risk of unemployment. Powell mentioned that it is "too early" to adjust monetary policy regarding the tariff issue. (CCTV News)
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Trump urges for interest rate cuts again, Federal Reserve Chairman: it's too early.
Interface News
2025-4-507:02 Shanghai Interface News Official Account
On April 4, local time, U.S. President Trump posted on the social media platform "Truth Social" that now is an excellent time for Federal Reserve Chairman Powell to cut interest rates.
On the same day, Powell stated that U.S. tariffs could lead to rising inflation, slowing economic growth, and an increased risk of unemployment. Powell mentioned that it is "too early" to adjust monetary policy regarding the tariff issue. (CCTV News)