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Trump Attacks Fed Rates Again | Perth News

Trump Attacks Fed Rates Again | Perth News

Published 1 month ago
Description

Trump’s back at it, blasting the Fed for raising rates again—demanding cuts to just 1% or lower, claiming America has the best credit. He’s not happy with his hand-picked chair, Kevin Warsh, either, echoing past frustrations with previous Fed leadership. The Fed responded with a quarter-point hike to 3.75–4%, calling it a responsible move amid stubborn inflation—and most policymakers expect at least one more increase before year’s end. Trump’s not stopping there: he also publicly criticized three of his own Supreme Court picks, saying they weren’t who he interviewed.

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This is an automated, high-level news summary based on public reporting.
Sources:
https://www.perthnow.com.au/news/business/trump-lashes-out-at-us-fed-after-latest-rate-hike-c-22882137

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https://sources.thednn.ai/95f55fb5a3ac121a

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