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Donald Trump Says U.S. Interest Rates Should Be 2–3 Points Lower

The former U.S. president expressed his view that economic growth would benefit from a substantial reduction in current interest rates.

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Terms & Concepts
  • Interest Rates: The cost of borrowing money, typically set by a central bank to influence economic activity.
  • Basis Points: A unit equal to one-hundredth of a percentage point, used to measure changes in interest rates or yields.