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Home World USA

Trump wants interest rates to ‘drop immediately’ — after mortgage and credit card hike under Biden

23 January 2025
in USA
Trump wants interest rates to ‘drop immediately’ — after mortgage and credit card hike under Biden
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President Trump expressed his desire for immediate interest rate reductions alongside a drop in global oil prices, planning to pressure oil-producing nations to increase output. He specifically mentioned urging Saudi Arabia and OPEC to lower oil costs, stating that lower prices could potentially end the Russia-Ukraine war by reducing Moscow’s revenue. Trump emphasized the importance of bringing down oil prices to achieve this goal, calling for action to be taken promptly.

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Tags: BidencardCreditdrophikeimmediatelyinterestmortgageRatesTrump
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