‘much-bigger-than-he-had-in-mind’:-donald-trump-pressures-fed-chair-jerome-powell-for-rate-cut,-warns-house-prices-will-soar

123903185Donald Trump urged the Federal Reserve for a substantial interest rate cut ahead of its policy meeting, anticipating a boost to the housing market. The Fed is expected to lower rates by 25 basis points amidst concerns about a softening labor market. Policymakers are balancing inflation and employment, while also navigating political pressures with a potential new Fed governor.