According to a ChainCatcher report citing Jin10 and foreign media analysis, U.S. President Donald Trump has continued pressing new Federal Reserve Chair Waller to cut interest rates as soon as possible. Wall Street investors, however, are increasingly aligned around the opposite view. Markets broadly expect the Federal Reserve to leave rates unchanged at its meeting on Wednesday. Trump previously said rates should come down, but the report added that even if the Fed were to raise rates in the end, his criticism would not necessarily be directed at Waller. The report focuses on the gap between Trump’s public push for lower borrowing costs and the market’s current expectation of no immediate rate cut.
ChainCatcher, citing Jin10 and foreign media analysis, reported that U.S. President Donald Trump has kept pressuring new Federal Reserve Chair Waller to lower interest rates as soon as possible, even as Wall Street investors increasingly bet on the opposite outcome.
Markets broadly expect the Federal Reserve to keep rates unchanged at its Wednesday meeting. Trump previously said rates should be lower, but the report said that even if the Fed ultimately chose to raise rates, his criticism would not necessarily be aimed at Waller.
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