TechFlow, July 22 — According to Jinshi Data, Trump stated: Powell has kept interest rates too high. The economy is strong. Interest rates should be reduced by three percentage points, or even more—interest rates should be maintained at 1%. Powell's policy is affecting the housing market.
U.S. Treasury Secretary Bessent also said: The Federal Reserve should cut interest rates now. The Fed has experienced significant "mission creep," leading to persistently high government spending.
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