Vance calls Fed’s refusal to cut rates ‘monetary malpractice’
Stewart Kaiser, head of the stock trading strategy in City, is discussing the CBO analysis of Trump’s definitions, as well as his view of bond returns, economic growth and the Maya report.
On Wednesday, Vice president JD Vance chanted President Donald Trump’s invitations to the Federal Reserve to reduce interest rates.
“The president used to say this for a while, but it’s more clearly: The Federal Reserve to reduce prices is a cash misconduct,” Vans wrote in a post on X.
On Wednesday, Trump repeated his previous call to the US Central Bank to reduce interest rates at a full point.
“CPI only outside. Large numbers! The federal reserve must reduce one point. It will pay a much lower benefit on the next debt. It is very important !!!” Trump wrote in a post on the social truth.
President Donald Trump also commented on the Federal Reserve, and repeated his call to the US Central Bank to reduce interest rates at a full point. (Saul Loeb / AFP via Getty Images / Getty Images)
The inflation increased slightly on an annual basis in May
The two situation came after the work statistics office issued the latest consumer price index data on Wednesday morning, which showed that inflation in May was cooler than the analysts expected.
The consumer price index increased by 0.1 % in May compared to the previous month, while it increased by 2.4 % on an annual basis. These numbers were slightly cooler than the estimates of Economists included in LSEG, while the annual consumer price index increased from 2.3 % a month ago.
On Wednesday’s inflation data was more cold than expected. (Robert Nickelsberg / Getty Images / Getty Images)
The Federal Reserve witnessed inflation, the unemployed, the risks of stability at the May meeting, the minutes of the minutes
The so -called basic prices, which exclude more volatile measurements of gasoline and food to better assess price growth trends, increased by 0.1 % than the previous month and 2.8 % on an annual basis, both of which are less than economists’ estimates by 0.3 % and 2.9 %, respectively.
Trump recently called on Federal Reserve Chairman Jerome Powell to reduce interest rates last week.
“It is too late” at the Federal Reserve Disaster! “Trump wrote in a post on social truth.” Europe had 10 price cuts, we had nothing. Although, our country works great. Go to a complete degree, missile fuel! “
President Donald Trump, Federal Reserve Chairman Jerome Powell, called for reducing interest rates last week. (Nathan Howard / Bloomberg / Getty Emp)
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Trump published these comments after the issuance of an employment report, which showed that the American economy added 139,000 jobs a month. This number was stronger than the Economists included in LSEG, which expected a profit of 130,000 jobs, but it is more cold than the revised excess of 147,000 jobs in April.
Eric Rafel contributed to Fox Business in this report
2025-06-11 18:58:00
