Donald Trump attacks Fed after no change in interest rates
Published On Jan 29, 2025, 4:53 PM
Donald Trump criticized the Federal Reserve after it decided to maintain interest rates at 4.25% to 4.5%, despite his calls for cuts. Trump accused the Fed and its chair Jerome Powell of failing to address inflation issues. The Fed's decision comes after a series of rate cuts last year, with Powell suggesting they're cautious about making future changes due to economic uncertainties. The discussion also includes Trump's proposed economic changes, which some economists believe could initially increase prices.
Stock Forecasts
SPY
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As Trump continues to criticize the Fed and advocate for lower interest rates, financial markets may react positively if future comments suggest potential easing of monetary policy. This could lead to increased investor confidence in the stock market as borrowing costs decrease.
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