TRUMP WANTED INTEREST RATE CUTS TO BE ‘ROCKET FUEL’ FOR THE ECONOMY. HE IS LOSING THAT FIGHT SO FAR
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WHAT HAPPENED
President Donald Trump listens during a cabinet meeting, Friday, July 31, 2026, at Camp David, the presidential retreat, near Thurmont, Md., Friday, July 31, 2026. (AP Photo/Jacquelyn Martin) 2026-08-01T04:00:52Z WASHINGTON (AP) — President Donald Trump has been losing his own battle to cut interest rates.
Associated Press reports that president Donald Trump listens during a cabinet meeting, Friday, July 31, 2026, at Camp David, the presidential retreat, near Thurmont, Md., Friday, July 31, 2026.
The report adds: (AP Photo/Jacquelyn Martin) 2026-08-01T04:00:52Z WASHINGTON (AP) — President Donald Trump has been losing his own battle to cut interest rates.
The president likes to vilify high rates as an affront to the size and strength of the U.S.
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