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Trump urges Federal Reserve Chairman Powell to cut interest rates.
According to the Gate.io News bot, Trump has called for the Federal Reserve Chairman Powell to cut interest rates. Trump emphasized that now is the “perfect time” for a rate cut and expressed dissatisfaction with Powell for “always being too slow to act.” Trump pointed out that energy prices, interest rates, and inflation have all decreased, employment data has risen, and egg prices have dropped by 69%. He also urged Powell to “stop political manipulation.”