Trump: If the Federal Reserve starts cutting interest rates now, it will significantly lower the long and short-term interest rates on maturing debt

BlockBeats News: On June 6th, US President Trump posted on social media that "if it's too late for Powell's Federal Reserve to start cutting interest rates now, we can significantly reduce the long and short-term interest rates on maturing debt. Biden mostly relies on short-term debt. There is almost no inflation now (it no longer exists), but if inflation comes back, then raising interest rates to cope is very simple!!! He is making our country pay a huge price. The borrowing cost should have been much lower