Trump wanted interest rate cuts to be 'Rocket Fuel' for the economy. He is losing that fight so far - apnews.com
AP NewsAugust 1, 2026
President Donald Trump has for months pressured the Federal Reserve to slash interest rates, claiming it would be “Rocket Fuel!” for growth. But he seems to be losing his battle. Since the war in Iran began, borrowing money has become more expensive, meaning …
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