RMB Interbank Rate Reports 7.1414, Up 46 Points! Trump and Powell Concurrently Pressure the Fed: Request Lowering Interest Rates
July 23, the RMB interbank rate reported 7.1414, up 46.00 points.
Trump and Powell Concurrently Pressure the Fed, Request Lowering Interest Rates
July 23, the RMB interbank rate reported 7.1414, up 46.00 points.
Trump and Powell Concurrently Pressure the Fed, Request Lowering Interest Rates
Trump criticized the Fed for adjusting building expenditures, stating that interest rates should be 1% and even lower by 3 percentage points or more. Powell maintained high interest rates "possibly" due to political reasons. US Treasury Secretary Yellen also stated that the Fed should lower interest rates.
Source: Sina News