off-the-wire

Trump says Fed should lower rates by 'one full point'

Kitco Media
By Reuters
Published:
Updated:
Reuters
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June 11 (Reuters) - U.S. President Donald Trump on Wednesday reiterated his view that the Federal Reserve should cut interest rates by one percentage point, saying the latest inflation figures were "great."

"CPI just out. Great numbers! Fed should lower one full point. Would pay much less interest on debt coming due. So important!!!," Trump wrote on Truth Social in all capital letters.

Reporting by Ismail Shakil in Ottawa

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