President Donald Trump's 7-Word Take on Interest Rates Is Due for a Reality Check

Despite President Trump's claim that 'there's no reason to raise interest rates,' rising inflation driven by energy supply disruptions from the Iran conflict is pushing the Federal Reserve toward rate hikes rather than cuts. Economic data shows Core PCE inflation edging higher, and futures markets predict a 71.3% probability of at least one rate hike by December 2026, contradicting Trump's monetary policy stance and potentially threatening the stock market's valuation.