Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
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+0.18%

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.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
Placeholder partner: After the recent sharp decline in the crypto market, sustained buying is unlikely in the short term; BTC may be repurchased if it falls to $75,000 or below.
2
"Federal Reserve Mouthpiece": Missing Key Economic Data May Lock in 25 Basis Point Rate Cut Path

Crypto prices

More
Bitcoin
Bitcoin
BTC
$108,553.32
-2.55%
Ethereum
Ethereum
ETH
$3,902.17
-2.90%
Tether USDt
Tether USDt
USDT
$1
-0.02%
BNB
BNB
BNB
$1,136.82
-4.08%
XRP
XRP
XRP
$2.34
-3.25%
Solana
Solana
SOL
$186.08
-4.04%
USDC
USDC
USDC
$0.9999
-0.01%
TRON
TRON
TRX
$0.3169
-1.33%
Dogecoin
Dogecoin
DOGE
$0.1886
-4.39%
Cardano
Cardano
ADA
$0.6438
-4.24%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter