At the time of Trump’s remarks, other White House officials have issued an appeal that the Fed should cut the benchmark interest rate by up to 50 basis points. After the most recent monetary policy meeting in March, the Fed decided to keep the benchmark interest rate unchanged and temporarily postpone any further interest rate hikes.
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At the time of Trump’s remarks, other White House officials have issued an appeal that the Fed should cut the benchmark interest rate by up to 50 basis points. After the most recent monetary policy meeting in March, the Fed decided to keep the benchmark interest rate unchanged and temporarily postpone any further interest rate hikes.