Trump expects the Federal Reserve to cut interest rates significantly this week
US President Trump expects that the US Federal Reserve will implement a significant interest rate cut this week.
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US President Trump expects that the US Federal Reserve will implement a significant interest rate cut this week.
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The number of initial jobless claims in the United States rose sharply last week, reaching the highest level in nearly four years, indicating that layoffs may be on the rise amid a marked slowdown in hiring.
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US President Trump signed an executive order on drug advertisements on Tuesday (September 9).
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The US Supreme Court has once again given the green light to President Trump's tough immigration policy, allowing law enforcement to continue conducting raids in Southern California on people who may face deportation due to race or language.
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On September 7th, US President Trump dropped a bombshell outside the Oval Office of the White House - he claimed that he had completed the preparations for the "second phase" of sanctions against Russia and emphasized that "Russia will pay the price for its actions."
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After the government building in the Ukrainian capital was hit by Russian artillery fire for the first time, US President Trump said he was ready to impose the second phase of sanctions on Russia.
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After U.S. law enforcement agencies carried out large-scale raids and seized hundreds of undocumented employees in Georgia, including South Korean citizens, senior White House officials said that the Trump administration plans to target more business facilities and intensify law enforcement against illegal immigrants.
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With the US federal debt exceeding $37 trillion and annual interest payments reaching $1.2 trillion, the Trump administration is waging an unprecedented "struggle for power" against the Federal Reserve.
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Data from a US re-employment consulting firm shows that due to broader economic uncertainties, US companies' recruitment plans for August dropped to the lowest level on record for the same period, while the number of planned layoffs increased significantly.
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US President Trump signed an executive order to implement the lower tariffs on Japanese car imports and other products announced in July.
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On September 14th, local time, US President Trump told reporters on his way back to Washington that he expected the Federal Reserve to announce a "significant interest rate cut" at its meeting this week, stating that "the current situation is very suitable for a rate cut."
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