World stocks rally as Trump steps up pressure on Fed to cut rates

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President tweets demand for 1% reduction and more QE as markets look to central banks to bolster global economy

Stock markets have been boosted by the growing prospect of more stimulus measures by central banks and governments across the world as Donald Trump heaped more pressure on the Federal Reserve to slash interest rates.

 

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.cnn . There we go again... Trump pressuring FedReserve for his own 2020Election personal benefits. TrumpRecession follows false MAGA claims !!!!! TrumpIsAConman

Like applying weedkiller. Only going to come back again with a vengeance.

realDonaldTrump playing a dangerous game with economy. His only goal is re-election. I’d sure feel better if someone smart were in charge, someone with a much better track record than Mr Bankruptcy.

Sure, Trump and his cabal continue to wreck the economy with tax cuts and tariffs and then expect the Fed to fix it. That should end well.

Oh, yes! Eliminate monetary as an admittedly weak defense against recession and leave it up to fiscal policy. Brilliant!

The stock market proving itself to be a fucking racket and at the whim of a blathering shitheel.

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