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Trump Calls For Immediate Fed Rate Cuts After FOMC Holds Rates Steady

On January 29, 2026 by voice

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President Donald Trump renewed pressure on the Federal Reserve after it held rates steady following Wednesday’s FOMC meeting in Washington. He criticized Chair Jerome Powell, demanding an immediate Fed rate cut. Trump argued that high rates now harm the economy and national security, while reiterating that inflation is no longer an issue.

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