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Why Trump's call for the Fed to cut interest rates may not help consumers

Upworthy Saturday, 26 April 2025 ()
Why Trump's call for the Fed to cut interest rates may not help consumers President Donald Trump is badgering the Federal Reserve to cut interest rates, but even if the Fed gave in to the pressure, it wouldn’t necessarily lead to lower borrowing costs for consumers President Donald Trump is…
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Video Credit: Oneindia - Published
News video: Trump U-Turns On Fed Chair Powell: “Never Wanted To Fire Him” After Calling Him A ‘LOSER’ | U.S FED

Trump U-Turns On Fed Chair Powell: “Never Wanted To Fire Him” After Calling Him A ‘LOSER’ | U.S FED 04:02

President Trump now says he has “no intention” of firing Federal Reserve Chair Jerome Powell, despite calling him a “major loser” just days ago. Trump’s sudden reversal—delivered in the Oval Office—comes after sharp criticism and market turbulence. Wall Street surged on the news, as...

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