Trump Calls for Lower Interest Rates, Urges Economic Revival Amid Market Turmoil

Former U.S. President Donald Trump weighed in on the current economic climate, urging the Federal Reserve to lower interest rates and support a revival of the economy amidst market volatility. He cited falling oil and food prices as contributing factors to reduced inflation and posited that this presents an opportunity for rate cuts to bolster growth. His call for lowered interest rates aligns with growing expectations for Fed policy changes, with predictions for five rate cuts throughout the year gaining traction and traders already factoring in potential monetary easing. However, some market observers remain skeptical about the likelihood of lasting disinflation. Trump also defended his trade tariffs on China, suggesting they will generate billions in revenue, but this has been met with criticism from experts who argue that these tariffs have created market uncertainty and contributed to volatility.