Donald Trump Pledges to Appoint Only Fed Chair Committed to Interest Rate Cuts
Donald Trump Pledges to Appoint Only Fed Chair Committed to Interest Rate Cuts
Former President Donald Trump has publicly declared that any future appointment he makes for the position of Federal Reserve Chair would be conditional on the nominee’s commitment to cutting interest rates.
This statement signals a clear intent regarding monetary policy should he return to office, emphasizing a desire for lower borrowing costs and potentially setting the stage for a contentious relationship with the central bank, which traditionally operates with significant independence.
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