Trump Pushes Fed Reserve Chief to Slash Interest Rates
Coronavirus
President Donald Trump has once again pushed Federal Reserve Chair Jerome Powell to slash interest rates by a full percentage point, despite reports showing a better-than-expected economic performance. Knewz.com can report that the last time the United States Central Bank made a single rate cut of a full percentage point was in March 2020 in response to the economic fallout from the COVID-19 pandemic. President Trump is known to relentlessly request the U.S. Central Bank for interest rate cuts
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