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Donald Trump

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Trump tells Fed to cut rates by 100 basis points 

Aug 20, 2019By

President Donald Trump called on the Federal Reserve to reduce the federal funds rate by 100 basis points, saying it is purposefully keeping the economy low for the 2020 election. This is not the first time Trump has shared his opinions of the Fed’s actions and criticized Federal Reserve Chair Jerome Powell for his leadership, but it is the most specific the president has gotten with what he wants to see.

3d rendering of a row of luxury townhouses along a street

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