Latest / The 47 Morning Update with Ben Ferguson
Powell Drops the Rate plus Dems still Using Name Calling to Charge the Radical Left
1. Federal Reserve Interest Rate Cuts and Trump’s Influence The first section focuses on Donald Trump’s repeated calls for the Federal Reserve to cut interest rates more aggressively. It describes how the Fed, under Jerome Powell, announced its first rate cut of Trump’s second administration—a quarter-point reduction. The commentary emphasizes Trump’s role in pushing for deeper cuts and criticizes Powell for not acting sooner. It explains the Fed’s dilemma: balancing a slowing job market with persistent inflation. The piece notes the political pressure from…
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