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Trump may want lower interest rates for consumers, but it sure is convenient for the national debt he’s creating, too

Upworthy Thursday, 21 August 2025 ()
Donald Trump has escalated attacks on Jerome Powell, blaming high rates for freezing the housing market and urging the Fed to deliver cuts. While Trump frames the issue as consumer pain, Wharton’s Joao Gomes told Fortune that cheaper borrowing would also ease interest payments on the government’s…
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