TechFlow news, on June 6, former U.S. President Trump posted on a social platform stating, "If Powell's Federal Reserve started cutting interest rates now, we could significantly reduce both short-term and long-term interest rates on our maturing debt. Biden relies mostly on short-term debt.
Inflation is almost non-existent now, but if inflation returns, then raise rates to respond—very simple. He is making our country pay a huge price. Borrowing costs should have been much lower!"
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