Former President Trump has issued an ultimatum to Federal Reserve Chair Jerome Powell, indicating he may consider replacing Treasury Secretary if a rate cut is not achieved. Trump’s statement reflects his ongoing concerns about economic policies and interest rates. He has been vocal about his belief that lower rates could stimulate economic growth and improve financial conditions. The ultimatum suggests that Trump is closely monitoring the Federal Reserve’s actions and their impact on the economy. This situation underscores the tension between the executive branch and the Federal Reserve regarding monetary policy decisions.
This update was auto-syndicated to Bpaynews from real-time sources. It was normalized for clarity, SEO and Google News compatibility.
