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Trump boxes in Fed with extreme rate cut calls

UNITED STATES, JUL 16 – Mr. Trump calls for a 300 basis point rate cut amid concerns over labor market weakness and tariff-driven inflation, though most experts oppose such a steep reduction.

Summary by The Globe & Mail
U.S. President has been angry over Fed’s refusal to cut interest rates until there is clarity on whether his tariffs reignite inflation, calling for chair Powell to resign

4 Articles

[Edaily Reporter Kim Yun-ji] On the 16th (local time), US President Donald Trump again pressured Federal Reserve (Fed) Chairman Jerome Powell. US President Donald Trump talking to reporters after signing a bill to strengthen punishment for fentanyl at the White House in Washington D.C. on the 16th (local time). (Photo = AFP) On this day, President Trump said in a statement to the far-right media outlet ‘Real American Boy’

·Seoul, Korea, Republic of
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BizToc broke the news in on Wednesday, July 16, 2025.
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