Prices Dropping but Interest rates remain the same

Prices Dropping; Time for Fed to Lower Interest rates

President Donald Trump, pointing to dropping prices for gasoline as well as eggs and other groceries, is continuing to call for the Federal Reserve to lower interest rates.

"Egg prices are WAY DOWN from the Biden inspired prices if just a few weeks ago," the president said on his Truth Social page late Thursday. "'Groceries' and Gasoline are down, also. Now, if the Fed would do the right thing and lower interest rates, that would be great!!!"

Earlier this week, Trump also called on the Fed to cut rates while tariffs "start to transition" into the U.S. economy.

The Federal Reserve this week kept interest rates the same, while assessments continue on how the president's tariffs could affect economic growth.

Read more at Newsmax