[In the past two days, under continuous pressure, Trump again calls on the Federal Reserve to drop interest rates] On April 18 local time, U.S. President Trump delivered a speech at the White House, reiterating that Federal Reserve Chairman Powell should lower interest rates. He also stated that it is very likely for the U.S. to reach a protocol with Ukraine. Federal Reserve Chairman Powell recently made it clear during a speech at the Chicago Economic Club that he would not take emergency measures to bail out the market due to fluctuations. Powell’s remarks immediately drew strong criticism from President Trump. On the 17th, Trump again pressured Powell, stating that he could have Powell removed immediately and demanded that the Federal Reserve drop interest rates.
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In two consecutive days of pressure, Trump once again called on the Federal Reserve (FED) to cut interest rates.
[In the past two days, under continuous pressure, Trump again calls on the Federal Reserve to drop interest rates] On April 18 local time, U.S. President Trump delivered a speech at the White House, reiterating that Federal Reserve Chairman Powell should lower interest rates. He also stated that it is very likely for the U.S. to reach a protocol with Ukraine. Federal Reserve Chairman Powell recently made it clear during a speech at the Chicago Economic Club that he would not take emergency measures to bail out the market due to fluctuations. Powell’s remarks immediately drew strong criticism from President Trump. On the 17th, Trump again pressured Powell, stating that he could have Powell removed immediately and demanded that the Federal Reserve drop interest rates.