Stuart Caesar discusses the analysis of Trump Tariff’s CBO in addition to his vision for Bond’s Equity Trading Strategy, Band Yields, Economic Development and May Jobs report.
Vice President JD Vance echoed President on Wednesday Donald Trump’s Calls to cut interest rates for Federal Reserve.
Vance wrote in a post on X, “The President has been saying this for some time, but it is even more clear: refusal to cut rates by Fed is monetary misconduct.”
Trump repeated his former call on Wednesday US Central Bank Cut interest rates from a full point.
“CPI is out now. The great number! Fed must reduce a full point. Due to coming on debt, it will pay very low interest. So important !!!” Trump has written in a post on Truth Social.
President Donald Trump on Wednesday commented on Fed, repeating his call to the US Central Bank to cut interest rates from a full point. (Through Saul Loaib / AFP Getty Image / Getty Image)
Inflation increased slightly on an annual basis in May
Both posts came after the bureau of labor statistics released the latest consumer price index data on Wednesday morning, showing that there was cooler compared to inflation analysts in May.
The CPI rose 0.1% in May in May as compared to the East month, while it was 2.4% on an annual basis. Those figures were slightly cooled compared to the estimates of economists voted by LSEG, while the annual CPI stood by 2.3% a month earlier.
The May inflation data released on Wednesday was colder than expected. (Robert Niclesburg / Getty Images / Getty Images)
Fed saw inflation, unemployed, stability risk, minute shows in May meeting
The so -called core prices, which exclude more volatile measurements of gasoline and food to better assess the price increase trends, were below an estimate of 0.3% and 2.9% of both economists respectively and 2.8% on an annual basis.
Trump recently called Federal Reserve Chairman Zerome poly Last week to reduce interest rates.
“It’s too late in the fed ‘is a disaster!” Tusrap Truth is written in a post on social. “Europe has a 10 -rate cut, we have no one. Despite that, our country is doing very well. A full point, go for rocket fuel!”
President Donald Trump called upon the President of the Federal Reserve to reduce low interest rates last week. (Nathan Howard / Bloomberg / Getty Images)
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Trump posted those comments after the release of Labor Department Employment report, Which showed that the US economy added 139,000 jobs a month. The figure was stronger than the estimated economists voted by LSEG, with 130,000 jobs, but cooler compared to the revised increase of 147,000 jobs added in April.
Fox Business’ Eric Rewel contributed to this report
