2026-03-20 16:23:11

Amid the uncertainty created by the war with Iran, while the Fed, the European Central Bank, and the Bank of England kept interest rates unchanged, Russia cut its interest rate by 50 basis points.

The Russian Central Bank announced that it had entered a period of "balanced economic growth" amidst the turbulence created by global markets and the war.

The bank lowered its policy interest rate from 15.5% to 15%, in line with market expectations.
#FedHoldsRatesSteady

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2026-03-19 22:54:20

Donald Trump Criticizes FED Interest Rates: "Powell Should Lower Interest Rates!"

US President Donald Trump added another harsh criticism to his economic policies. In a statement made on the social media platform Truth Social, Trump stated that Federal Reserve (FED) Chairman Jerome Powell should lower interest rates, sharply criticizing the current monetary policy.

Trump claimed that Powell is harming the US economy and weakening the country's competitiveness by keeping interest rates high. He emphasized that high interest rates increase borrowing costs and slow economic growth, putting the US at a disadvantage, especially in an environment where other countries are devaluing their currencies.
#FedHoldsRatesSteady

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