Home » Economy » Trump Supports Fed’s Decision to Pause Interest Rate Cuts

Trump Supports Fed’s Decision to Pause Interest Rate Cuts

03.02.2025 22:00 1 min. read Alexander Zdravkov
SHARE: SHARES
Trump Supports Fed’s Decision to Pause Interest Rate Cuts

After the Federal Reserve decided to maintain interest rates last week, former U.S. President Donald Trump expressed his support for the move, deeming it the correct choice.

In comments to the press in Washington, Trump stated, “I’m not surprised. Keeping interest rates steady at this point was the right thing to do,” emphasizing that he felt the Fed had made the proper decision by halting any further rate cuts.

This view marks a shift from his previous stance, particularly his remarks at the Davos World Economic Forum just a week earlier, where he had called for rate reductions.

Trump’s approval of the Fed’s recent decision comes after a series of rate cuts made over the past several months, with the central bank having reduced rates three times in 2024 before deciding to hold them steady.

At the start of 2025, the Fed opted to pause its ongoing rate cuts, reflecting a more cautious approach while observing the effects of Trump’s policy shifts under his new presidency.

The Fed’s decision comes at a critical moment, as the central bank assesses both global and domestic economic conditions.

Alexander has been working in the crypto industry for three years, during which time he has established himself through his active participation in monitoring market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional commitment, but a deep personal passion. He follows the news in the sector daily, analyzes trends, and is excited about every new step in the development of blockchain solutions. His enthusiasm drives him to continuously learn and share knowledge, as he sees the future in digital finance and its role in global transformation.

Telegram

SHARE: SHARES
More Economy News
No Comments yet!

Your Email address will not be published.