Trump Pushes Fed for Rate Cut | US News

Trump’s pushing the Fed to slash rates, claiming the U.S. should have the world’s lowest — but a surprisingly strong August jobs report may backfire, with traders now betting on a rate hike instead. The Fed faces a tightrope walk between booming employment and stubborn inflation. Trump’s escalating pressure includes tying interest rates to trade policy, threatening to halt deals with surplus countries unless borrowing costs drop — all while demanding the Fed “be patriots.” Meanwhile, revised data shows restaurants and bars fueled the job surge, while tech lost ground — and the Fed’s next move is just days away, heavily influenced by incoming inflation numbers. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/22706445af4de6cf