Trump Urges Fed to Cut Interest Rates by a Full Point Amid Economic Reports

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Source: Financial Times
Trump Urges Fed to Cut Interest Rates by a Full Point Amid Economic Reports
Photo: Financial Times
TL;DR Summary

The gap between US and Eurozone borrowing costs has widened to its largest since 2019, driven by the ECB's rate cuts and the Fed's cautious stance, with political pressure from Trump intensifying the divergence and affecting currency and inflation dynamics.

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