News18 (English) ·
Economy, business and finance
'Lower Interest Rates, And Fast!': Trump Slams Fed Hike, Demands Rate At '1% Or Less'
Trump made the comments on Truth Social shortly after the Fed raised its benchmark rate by 25 basis points to a range of 3.75% to 4%.
US President Donald Trump called for sharply lower interest rates on Thursday after the Federal Reserve raised borrowing costs for the first time since 2023, saying rates should be cut to “1% or less".