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Live Updates  >  Live Update Details

2025-07-28 22:21:26

[Trump once again said: The Fed must cut interest rates] On July 28, local time, US President Trump said that the Fed must cut interest rates. Trump said, "Even without a rate cut, the United States is doing well, but it will be better after a rate cut." Federal Reserve Chairman Powell's term ends in May 2026. The Federal Reserve led by Powell is unwilling to lower the benchmark interest rate from the current target range of 4.25% to 4.50% to 1% as required by Trump to reduce the federal government's borrowing costs. Trump was dissatisfied with this and threatened to let Powell "go" many times.

Real-Time Popular Commodities

Instrument Current Price Change

XAU

 3363.16

73.24

(2.23%)

XAG

 37.003

0.319

(0.87%)

CONC

 67.26

-2.00

(-2.89%)

OILC

 69.48

-2.30

(-3.20%)

USD

 98.678

-1.389

(-1.39%)

EURUSD

 1.1594

0.0001

(0.01%)

GBPUSD

 1.3282

-0.0001

(-0.00%)

USDCNH

 7.1909

-0.0006

(-0.01%)

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