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Macro

Trump Says ‘I Don’t Know’ When Asked if He Expects Fed Rate Hike

President Donald Trump said “I don’t know” when asked whether he expects the Federal Reserve to raise interest rates. The remark came in response to a reporter’s question about the direction of US monetary policy. Trump gave no further detail on his expectations for the central bank’s rate path.

Original source

AI take

The significance lies less in the answer than in the question being put to a sitting president at all: markets have grown accustomed to executive commentary on Fed policy, and the reply here breaks that pattern by withholding a signal rather than supplying one. For anyone positioned around rate-sensitive assets, the takeaway is that this particular channel of forward guidance went quiet. Whether that silence reflects genuine uncertainty or a deliberate retreat from pressuring the central bank is the open question worth watching.

Generated by AI for reference only.

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