'Great numbers': Trump pushes US Fed for 'one full point' rate cut after CPI data; markets weigh US-China trade deal

Jun 11, 2025 - 22:00
'Great numbers': Trump pushes US Fed for 'one full point' rate cut after CPI data; markets weigh US-China trade deal

Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -

Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -

President Trump urged the Federal Reserve to cut interest rates by a full percentage point following the release of Labor Department data showing a 2.4% rise in the Consumer Price Index. While overall inflation remains tame, economists caution that tariffs could soon drive up retail prices, potentially complicating the Fed's decision-making process as they monitor the economic impact.

What's Your Reaction?

Like Like 0
Dislike Dislike 0
Love Love 0
Funny Funny 0
Angry Angry 0
Sad Sad 0
Wow Wow 0