Trump calls for interest rate cuts and criticizes Biden at the World Economic Forum

by Andrea
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During the event, the American president made controversial statements, including accusations directed at financial institutions, claiming that these companies did not provide services to conservatives

EFE/EPA/MICHAEL BUHOLZER
Financial institutions quickly refuted the claims made by the president

The president of , , asked during the World Economic Forum for the interest rate to be reduced immediately, suggesting that other nations adopt the same stance. He argued that this action would be beneficial following the drop in oil prices and called on Saudi Arabia and OPEC to also lower oil costs, believing this could contribute to resolving the conflict in . In his speech, Trump spared no criticism of the former president and the policies that prevail in Davos.

He pledged to combat inflation through measures such as tariffs, deregulation and tax cuts. The president highlighted that the United States has the largest oil and gas reserves in the world, which, according to him, could propel the country to become a powerhouse in the manufacturing industry. During the event, Trump made controversial statements, including accusations aimed at financial institutions such as Bank of America and JPMorgan Chase, claiming that these companies did not provide services to conservatives, although he did not present evidence to support his claims.

Financial institutions quickly refuted the claims made by the president. Furthermore, Trump expressed his intention to eliminate diversity programs in the US government, in addition to pressuring the private sector to follow the same line.

*Report produced with the help of AI
Published by Fernando Dias

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