Trump: U.S. Prices Falling, Calls for Fed Rate Cut
U.S. President Trump stated in a post that gasoline prices have dropped to $1.98 per gallon, the lowest in recent years, with decreases in food, energy, and mortgage rates, strong employment, and tariffs bringing in billions in revenue. He mentioned that this is only a transitional phase, with the long-awaited price drop for consumers now realized, inflation disappearing, and called on the Federal Reserve to cut interest rates to further stimulate the economy.
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