President Donald Trump says the Fed was wrong to raise interest rates by a quarter percentage point. In a Truth Social post, Trump said that US rates “should be 1%, or less." Chris Phelan, White House Council of Economic Advisers chairman, agrees and says anyway you measure it - inflation is coming down. He is on "Balance of Power." (Source: Bloomberg)
President Donald Trump says the Fed was wrong to raise interest rates by a quarter percentage point. In a Truth Social post, Trump said that US rates “should be 1%, or less." Chris Phelan, White House Council of Economic Advisers chairman, agrees and says anyway you measure it - inflation is coming down. He is on "Balance of Power." (Source: Bloomberg)
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