President Trump Pushes Fed to Cut Rates, Says There Is ‘No Inflation’

President Donald Trump reiterated calls for Fed complaint cuts, saying determination is nary inflation.

"Oil prices are down, involvement rates are down (the dilatory moving Fed should chopped rates!), nutrient prices are down, determination is NO INFLATION, and the agelong clip abused USA is bringing successful Billions of Dollars a week from the abusing countries connected Tariffs that are already successful place," Trump said connected a Truth Social station connected Monday.

Trump imposed tariffs connected respective nations past week, boosting the full levy connected China to 54%, which drew retaliatory action. Since then, markets person collapsed, with futures tied to Wall Street's tech-heavy Nasdaq scale hitting the lowest since January 2024. Bitcoin fell to nether $75,000 aboriginal Monday.

The risk-off, coupled with OPEC's program to boost production, has driven the West Texas Intermediate (WTI) crude lipid per tube terms little by 16% to $60 successful 4 trading days. A little crude is known to inject disinflation into the planetary economy.

Trump's bias for Fed complaint cuts is accordant with the market pricing for 5 Fed complaint cuts this year. Potential Fed easing whitethorn assistance markets amended sorb the interaction of Trump's assertive tariffs policy, which volition apt enactment present for immoderate time.

Trump noted successful his aboriginal Monday Truth Social station that China has made capable for decades portion taking vantage of the U.S.

"The biggest abuser of them all, China, whose markets are crashing, conscionable raised its Tariffs by 34%, connected apical of its agelong word ridiculously precocious Tariffs (Plus!), not acknowledging my informing for abusing countries not to retaliate. They’ve made enough, for decades, taking vantage of the Good OL’ USA! Our past “leaders” are to blasted for allowing this, and truthful overmuch else, to hap to our Country. MAKE AMERICA GREAT AGAIN!," Trump said.

Over the play Trump said he won't marque a deal with China unless the commercialized shortage contented is solved.