Trump says interest rates should be 'lowered' to go 'hand-in-hand' with his tariffs
- Federal Reserve Chair Jerome Powell stated that President Donald Trump's calls for lower interest rates will not alter the central bank's rate decisions.
- Trump declared on social media that interest rates should be lowered to coincide with new tariffs he implemented, raising tariffs on steel and aluminum to 25%.
- The government reported a 3% rise in consumer prices in January, which complicates the Fed's plans and makes further rate cuts less likely.
- Economists express concerns that tariffs could increase inflation, which may delay the Federal Reserve's next interest rate cut, despite previous forecasts for two cuts this year.
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34 Articles
34 Articles
All
Left
3
Center
5
Right
8
Coverage Details
Total News Sources34
Leaning Left3Leaning Right8Center5Last UpdatedBias Distribution50% Right
Bias Distribution
- 50% of the sources lean Right
50% Right
L 19%
C 31%
R 50%
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