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Trump: The Federal Reserve's Powell may not cut interest rates today; he is not a "Satoshi."
Gate News bot news, Trump stated that if the Federal Reserve drops interest rates, we will be able to purchase debt at a lower price. Federal Reserve Chairman Powell is not a “smart guy” and may not lower rates today. Powell has done a poor job.
Reducing the federal funds rate by 2.5 percentage points would be very good. I’m going to take a very short-term approach, push interest rates down sharply, and then invest for the long term. We have a huge demand for debt.