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Trump: In fact, the Federal Reserve has lowered interest rates too quickly

Trump: In fact, the Federal Reserve has lowered interest rates too quickly

Bitget2024/10/11 00:50
BTC-1.92%

In a ChainCatcher message, Trump stated that last month's inflation was much more severe than expected, doubling the forecast. Most of this growth came from rising food prices, rent and housing costs, as well as car prices. Interest rates were also a significant factor; they are very high. In fact, the Federal Reserve lowered interest rates a bit too quickly. The reduction was so large that everyone knew it was a political maneuver. Under Biden and Harris' leadership, the economy is in complete disarray due to inflation. However, Harris said she couldn't imagine making any different decisions herself.

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.
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