🚨 Trump Calls for 1% Interest Rates Amid September Rate-Cut
GROD1210
Updated at: 2 days ago
{"content":"🚨 Trump Calls for 1% Interest Rates Amid September Rate-Cut Optimism
📢 During a visit to the Kennedy Center, President Trump stated he believes interest rates should drop three to four points, bringing them down to 1%, despite the Fed holding steady.
🏛 He also revealed plans to name a new Fed Chair early, with a shortlist reportedly narrowed to 3–4 candidates supportive of a rate cut. Chris Waller is currently the frontrunner, with Kevin Warsh and Kevin Hassett also in the mix.
📊 Market Takeaway:
▫️ Investors are watching closely as rate-cut optimism grows.
▫️ A new Fed Chair aligned with easing could shake markets in 2025.
▫️ Policy shifts may impact equities, crypto, and broader financial trends.
#Finance #FederalReserve #InterestRates #Trump #Markets
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