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2025-09-16 01:23:19
Trump: Federal Reserve Chairman Powell Must Cut Interest Rates Immediately. On September 15th, local time, US President Trump posted on his social media platform, "Real Social," that Federal Reserve Chairman Powell, "Mr. Too Late," must cut interest rates immediately, and by a larger margin than he expects. Trump has previously repeatedly called on Powell to cut interest rates. The US unemployment rate rose to 4.3% in August, a nearly four-year high. The deteriorating employment data has reinforced market expectations for a Fed rate cut, and analysts predict the Fed may begin another round of rate cuts in September. On the 4th, Trump told reporters that he expected the Fed to announce a "significant rate cut" at its meeting this week. If this happens, it would be the Fed's first rate cut since December of last year. The Fed will hold its monetary policy meetings on September 16th and 17th, and the market generally expects the Fed to begin another round of rate cuts at that time.
