Aug 12th, 2025 - Yahoo! Finance
President Trump has once again demanded that the Federal Reserve, led by Chair Jerome Powell, significantly cut interest rates—calling him “Too Late” and insisting that a steep rate reduction is urgently needed. Federal Reserve officials remain cautious, with Powell and most policymakers holding firm, citing ongoing inflation above the 2% target and a still-healthy labor market as reasons to avoid hasty cuts.
Veda Partners director of economic policy Henrietta Treyz says the post suggests that Trump "knows he's living on borrowed time with the inflation that will come from his tariffs."
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