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
A whale deposited 2 million USDC into HyperLiquid and opened a 5x leveraged long position on SOL.
Bitdeer mined 122.4 BTC this week, increasing its total bitcoin holdings to 2,141.1 BTC
