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Economy may slow if key rates not cut: Trump
Financial Express Hyderabad
|April 22, 2025
PRESIDENT DONALD TRUMP warned the US economy may slow if the Federal Reserve does not move to immediately reduce interest rates, in his latest broadside against Fed Chair Jerome Powell.
Trump said in a social media post Monday that "there is virtually No Inflation," pointing to lower energy and food prices.
"But there can be a SLOWING of the economy unless Mr. Too Late, a major loser, lowers interest rates, NOW," Trump said, referring to Powell.
This story is from the April 22, 2025 edition of Financial Express Hyderabad.
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