Former President Donald Trump calls for a reduction in rates, citing decreases in gasoline and retail prices.
Former President
Donald Trump reiterated his call for the Federal Reserve, the central bank of the United States, to lower interest rates during a statement made on a social media platform.
He emphasized that prices for gasoline, retail goods, and other essential commodities have declined.
In his post, Trump stated, "There is no inflation, and prices for gasoline, energy, groceries, and almost everything else have fallen...
The Federal Reserve should lower interest rates, as Europe and China have done." Trump's remarks come amid ongoing discussions about monetary policy and interest rates in light of recent economic data and global inflation trends.