White House says Trump sent a letter to Powell urging him to cut interest rates
White House Press Secretary Karoline Leavitt said Monday that U.S. President Donald Trump sent a letter to Federal Reserve Chair Jerome Powell urging him to cut interest rates.
During a press briefing, Leavitt displayed a handwritten note from Trump to Powell on a sheet listing borrowing costs in more than 20 countries. She said Trump believes interest rates should be lowered to around one percent.
Reuters
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
LBCI
an hour ago
- LBCI
Trump to host Netanyahu at White House on July 7: Axios
Axios reported on Monday that U.S. President Donald Trump will host Israeli Prime Minister Benjamin Netanyahu at the White House on July 7, citing an Israeli official. Reuters
LBCI
11 hours ago
- LBCI
US holding "preliminary talks" on a deal between Israel and Syria: Axios
Axios reported on Monday, citing U.S. and Israeli officials, that President Donald Trump's administration is holding "preliminary talks" on a potential security agreement between Israel and Syria. Reuters
LBCI
11 hours ago
- LBCI
White House says Trump sent a letter to Powell urging him to cut interest rates
White House Press Secretary Karoline Leavitt said Monday that U.S. President Donald Trump sent a letter to Federal Reserve Chair Jerome Powell urging him to cut interest rates. During a press briefing, Leavitt displayed a handwritten note from Trump to Powell on a sheet listing borrowing costs in more than 20 countries. She said Trump believes interest rates should be lowered to around one percent. Reuters
