Trump calls for Fed to reduce interest rates amid trade war with China

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Fed stands pat on rates, signals it's prepared to cut if trade war intensifies. that it's unlikely to either raise or cut rates in coming months amid signs of renewed. And Trump is scheduled to meet with Chinese President Xi Jinping at the.. Jeep Cherokee is the most American car of the year, says

Donald Trump called on the Federal Reserve to help win the trade war with China, saying victory would be inevitable if the US central bank matched stimulus moves in Beijing. "China will be pumping money into their system and probably reducing interest rates, as always, in order to make up for the business they are, and will be, losing," the US president said in a tweet on Tuesday.

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The Federal Reserve on Wednesday held rates steady but raised the. the right time to act amid concerns over President Donald Trump's trade policies.. Bullard had previously suggested a rate cut “may be warranted soon.”. Trump announced on Tuesday he and Chinese President Xi Jinping would.

Trump has repeatedly urged the Fed to cut interest rates and to resume quantitative easing in recent months, with the effort expected to grow the US economy and help in the US trade war against Beijing. China has devalued its currency, the yuan, in a bid to take some of the sting out of increasingly stringent US tariffs..

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The U.S. and China Will Resume Talks Amid Ongoing Trade War. Playback Rate. this week's meeting between President Trump and Chinese President Xi. “It's certainly in the interest of both China and the United States to have. national security advisor, says the most likely outcome of the summit is.

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President Donald Trump has a clear message for the Federal Reserve: cut rates and help him win the trade war with China. On Tuesday morning, Trump tweeted that he expects China to cut its interest rates to make up for the impact of U.S. tariffs, adding that if the Fed ever did a "’match,’ it would be game over, we win!"