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Trump demands 1% or lower interest rate after first Fed hike since 2023
President Donald Trump on Wednesday demanded the Federal Reserve slash interest rates to 1% "or less," hours after the central bank announced its first rate hike since 2023.
Summary
President Donald Trump on Wednesday demanded the Federal Reserve slash interest rates to 1% "or less," hours after the central bank announced its first rate hike since 2023. "We are 'carrying' almost every country in the World, and that cannot go on any longer," Trump wrote in a Truth Social post .
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