Trump: Borrowing costs should be significantly reduced
Trump stated on social media: "If the Fed's 'big delay' in cutting rates happens, we will significantly lower the interest rates on long-term and short-term debt that is about to mature. Biden is basically short-sighted. There is actually no inflation anymore, but if inflation returns, just raise 'rates' to deal with it. Very simple! ! He (Powell) has cost our country dearly. Borrowing costs should be significantly reduced!!
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: US crypto-related stocks mostly rise in pre-market trading, Bitmine up 3.79%
IMF warns that tokenized markets may increase flash crash risks, and governments will intervene with regulation
Hong Kong SFC launches staff fundraising campaign to support victims of the Tai Po fire
