Vance says Trump wants lower rates to aid housing affordability
Vice President JD Vance said the Trump administration is confident inflation and CPI data justify a Fed rate cut, arguing lower rates would help Americans afford homes.
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Vice President JD Vance said the Trump administration is confident inflation and CPI data justify a Fed rate cut, arguing lower rates would help Americans afford homes.
The U.S. government’s official 2% annual inflation target has suddenly been thrown into doubt by Kevin Warsh and J.D. Vance.