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‘Ease and cut rate big’: Trump pressures Fed to slash interest rates as coronavirus threat grows

Loyal

President Donald Trump ramped up pressure on Federal Reserve Chair Jerome Powell to slash US interest rates in response to the growing coronavirus threat on Tuesday. He made the critique after Australia’s central bank cut its official rate to a record low of 0.5%.

https://www.businessinsider.sg/ease-cut-rate-big-trump-pressures-fed-coronavirus-spreads-2020-3