Trump urges the Federal Reserve to cut interest rates.

[Trump urges the Federal Reserve to cut interest rates] Trump stated on social media: “As U.S. tariffs begin to affect the economy (slow down!), the Federal Reserve had better cut interest rates. Do the right thing. April 2nd is America’s Liberation Day.” In the early hours of March 20, the Federal Reserve announced that it would maintain the federal funds rate target range at 4.25% to 4.5%.

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