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US President Donald Trump has called on the Federal Reserve to cut interest rates by one percentage point, saying the US central bank's monetary policy "restricts" the interest rate. economy of the country.
Speaking to reporters at the White House, Trump said that the United States had the safest currency in the world, but that a strong dollar is hurting US manufacturers and that the Fed should continue to reduce its interest rates.
On July 31, the Fed made its first rate cut since 2008, reducing the benchmark rate by 25 basis points to a range of 2.00 to 2.25%, evoking the effects of the evolution of the global situation on the US economic outlook and the low inflationary pressures.
A total reduction of one percentage point would be greater than the 0.75 percentage point reduction that bond investors are now waiting for the Fed to make by small steps from here to January .
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