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Donald Trump is urging the Federal Reserve to reduce interest rates immediately rather than waiting for its next scheduled meeting.
Colby Smith reports that officials are expected to keep rates steady next week, maintaining the pause that began in January.
Trump’s calls for immediate rate cuts come as policymakers weigh the resilience of the U.S. economy amid global uncertainty. Recent market developments have revived anxieties about a potential slowdown, especially as persistent inflation and external shocks continue to loom. These concerns recall earlier analysis on how surging oil prices can fuel recession risks, as examined in Colby Smith’s coverage of a possible link between elevated energy costs and broader recession concerns for the U.S. economy.