Trump expects the Federal Reserve to cut interest rates significantly by 25 basis points in September

ChainCatcher news, according to Jinshi reports, ahead of an important meeting this week, U.S. President Trump expects the Federal Reserve to "significantly cut interest rates." The Federal Reserve is expected to take policy easing measures at this meeting for the first time in nine months. Trump stated, "I think there will be a significant reduction, the timing for the rate cut is perfect." The market generally anticipates that the Federal Reserve will cut rates by 25 basis points on September 18.