Trump Says Fed Could Have ‘Doubled' Latest Interest Rate Cut
Forbes·2025-12-11 05:45
ToplinePresident Donald Trump on Wednesday criticized the Federal Reserve, arguing the central bank’s latest reduction in interest rates could have been doubled, while calling Fed Chair Jerome Powell a “stiff.” Betting markets and Wall Street expected a third consecutive cut in interest rates, but now forecast a cautious approach from the Fed in 2026.Copyright 2025 The Associated Press. All rights reserved.Key FactsThe Federal Open Market Committee voted 9-3 in favor of lowering interest rates by a quarter- ...