{"id":304062,"date":"2025-07-30T14:00:15","date_gmt":"2025-07-30T14:00:15","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/304062\/"},"modified":"2025-07-30T14:00:15","modified_gmt":"2025-07-30T14:00:15","slug":"donald-trump-takes-aim-at-us-fed-as-import-drop-lifts-economy","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/304062\/","title":{"rendered":"Donald Trump takes aim at US Fed as import drop lifts economy"},"content":{"rendered":"<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Using his &#8220;Mr Too Late&#8221; nickname for Federal Reserve chair Powell, Trump wrote on social media that the economic figure was &#8220;WAY BETTER THAN EXPECTED! &#8216;Too Late&#8217; MUST NOW LOWER THE RATE. No Inflation! Let people buy, and refinance, their homes!&#8221;. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">But analysts said the rebound in growth was likely to bolster arguments that the bank could afford to wait to cut interest rates. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Bernard Yaros, lead US economist at Oxford Economics, said: &#8220;The economy&#8217;s resilience will allow the Federal Reserve to hold still and assess the unfolding tariff impact on consumer prices before pivoting to interest rates cuts in December.&#8221;<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">A separate gauge that tracks consumer spending and investment slowed from 1.9% to 1.2%, the Commerce Department said. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Some economists have argued that this measure is a more helpful indicator, given the fluctuations in trade. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;Beneath the topline figure, the economy is switching to a lower gear but not going in reverse,&#8221; said Mr Yaros.<\/p>\n","protected":false},"excerpt":{"rendered":"Using his &#8220;Mr Too Late&#8221; nickname for Federal Reserve chair Powell, Trump wrote on social media that the&hellip;\n","protected":false},"author":2,"featured_media":304063,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3090],"tags":[51,1700,16,15],"class_list":{"0":"post-304062","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-uk","11":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114942550024642351","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/304062","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=304062"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/304062\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/304063"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=304062"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=304062"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=304062"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}