Updated 29 October 2025 at 10:35 IST
At the APEC CEO Summit in South Korea, US President Donald Trump spoke on falling energy prices, rising wages, while taking a dig at US Fed Chair “Jerome Too Late Powell. Follow :
APEC CEO Summit I US President Donald Trump | Image:
AP
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At the APEC CEO Summit in South Korea, US President Donald Trump spoke on falling energy prices, rising wages, while taking a dig at US Fed Chair with the “Jerome Too Late Powell” remark.
“He’s out in a few months, we’ll be very happy,” he said while addressing a gathering of Asia-Pacific leaders and CEOs in South Korea today.
Further, he said, “When we announce good news, we want the stock market to go up,” signaling a US fed interest rate cut on October 29, which the markets have already factored in.
The two-day review of the monetary policy by the US Federal Reserve is scheduled to end today.
At the final leg of his diplomatic tour in the region, Trump said, “When America thrives, our partners thrive — and our alliances thrive.”
Speaking on interest rates, Trump said, ” We should have the lowest interest rates of a
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