Federal Reserve officials indicated in July 2026 meeting minutes released August 19 that the central bank may need to raise interest rates later in the year. Trump pressured the Fed on August 20 to cut rates instead, contradicting the central bank's policy direction.
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Multiple Federal Reserve officials indicated the central bank may need to raise interest rates later this year, according to newly-released minutes of the Fed’s July meeting. While most participants at the joint meeting of the Federal Open Market Committee (FOMC) and the Fed’s Board of Governors "anticipated that inflation would step down over the rest...
Trump is pushing the Federal reserve to cut interest rates, again 8/20/26 #trump #federalreserve #interestrates #fed #inflation youtube.com/shorts/LzTE2... YouTube video by President ECJ