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Trump Demands Rate Cuts as Warsh Sends Fed Hike Odds Above 66%

News.Bitcoin.com
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Trump Demands Rate Cuts as Warsh Sends Fed Hike Odds Above 66%

While the CME Fedwatch tool shows the chances of the Federal Open Market Committee (FOMC) raising the federal funds rate odds now stand at 66%, U.S. President Donald Trump is once again insisting that the central bank needs to lower borrowing costs. Trump Wants Cheaper Money as Warsh Weighs a Rate Hike In the Oval […]

Key Takeaways

  1. While the CME Fedwatch tool shows the chances of the Federal Open Market Committee (FOMC) raising the federal funds rate odds now stand at 66%, U.S.
  2. President Donald Trump is once again insisting that the central bank needs to lower borrowing costs.
  3. Trump Wants Cheaper Money as Warsh Weighs a Rate Hike In the Oval […]
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Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.