Ahead of the next Fed meeting, Trump administration officials—including budget chief Russell Vought and Commerce Secretary Lutnick—have called for interest rates to be cut from 4.25–4.5 % down to ~1 %, citing strong economy and low deficits. Though the Fed is expected to keep rates steady in the short term, some governors may support a smaller cut. (ファイナンシャル・タイムズ)