Trump’s company could save millions if interest rates fall like he wants
President Donald Trump would save millions in annual interest payments if the Fed interest rates fall./ Trump has issued repeated public attacks on Federal Reserve Chairman Jerome Powell to cut the Fed's rate, which would benefit several loans Trump took out on multiple properties./ The loans have variable interest rates, meaning the lower the interest rate, the more money he'll save./ Trump has insisted that the American economy is booming, but the Fed is weighing cuts as financial communities brace for the first signs of a recession./ ...
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