Trump: US prices fall, calls for Fed to cut interest rates

星球日报
星球日报|May 02, 2025 12:55
Odaily Planet Daily News: US President Trump announced in an article that gasoline prices have dropped to $1.98 per gallon, the lowest in recent years, food, energy, and mortgage interest rates have all decreased, employment is strong, and tariffs have brought in billions of dollars in revenue. He stated that the current stage is only a transitional phase, and the long-awaited price decline by consumers has been achieved, with inflation disappearing. He called on the Federal Reserve to cut interest rates to further stimulate the economy.
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