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Trump Urges Fed Rate Cut as Tariffs Take Effect
Hindustan Times West UP
|March 21, 2025
President Donald Trump urged the US Federal Reserve on Wednesday to cut interest rates to help offset effects of his tariffs, renewing his vocal disagreement with the central bank's decision-making.
WASHINGTON:
"Do the right thing," Trump demanded in a Wednesday night post on his Truth Social site, hours after the Fed decided to hold rates steady, while reducing its growth forecast and hiking its inflation outlook.
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