Trump Calls for Fed Rate Cuts Amidst Economic Turmoil

U.S. President Donald Trump has urged the Federal Reserve to lower interest rates as he contends with a volatile economic landscape marked by declining inflation and market uncertainty. Trump emphasized falling oil prices and reduced food costs, claiming that these factors signal an end to inflationary pressures. He further defended recent tariffs on Chinese goods, suggesting they could generate substantial revenue in the long run. Despite these assertions, markets remain cautiously optimistic and skeptical of the potential for a sustained economic recovery.