Trump Wants $1 Trillion In Interest Relief — But Markets Slam The Door On Cuts

Benzinga_recent_news

Feb 12

President Donald Trump doubled down on his demand for lower interest rates Wednesday after a surprisingly strong January jobs report — while markets reacted in textbook fashion by trimming ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2610961551"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2610961551\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2610961551?lang=en_US&edition=fundamental","thumbnail":"https://cdn.benzinga.com/files/images/story/2026/02/11/Trump-Wants-Rate-Cuts.jpeg?optimize=medium&dpr=2&auto=webp&width=240","is_english":true,"pubTime":"2026-02-12 05:22","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2610961551","market":"sh","top_or_hot":-1,"title":"Trump Wants $1 Trillion In Interest Relief — But Markets Slam The Door On Cuts","media":"Benzinga_recent_news","content":"<div>\n<p>President Donald Trump doubled down on his demand for lower interest rates Wednesday after a surprisingly strong January jobs report — while markets reacted in textbook fashion by trimming ...</p>\n\n<a href=\"https://www.benzinga.com/markets/economic-data/26/02/50561413/trump-interest-rate-cuts-jobs-data-bank-of-america-analysis-kevin-warsh\">Source Link</a>\n\n</div>\n","source":"benzinga_recent_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trump Wants $1 Trillion In Interest Relief — But Markets Slam The Door On Cuts</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump Wants $1 Trillion In Interest Relief — But Markets Slam The Door On Cuts\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-02-12 05:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/economic-data/26/02/50561413/trump-interest-rate-cuts-jobs-data-bank-of-america-analysis-kevin-warsh><strong>Benzinga_recent_news</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>President Donald Trump doubled down on his demand for lower interest rates Wednesday after a surprisingly strong January jobs report — while markets reacted in textbook fashion by trimming ...</p>\n\n<a href=\"https://www.benzinga.com/markets/economic-data/26/02/50561413/trump-interest-rate-cuts-jobs-data-bank-of-america-analysis-kevin-warsh\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SLAMU","symbol_name":"Slam Corp.","start_time":0,"source_url":"https://www.benzinga.com/markets/economic-data/26/02/50561413/trump-interest-rate-cuts-jobs-data-bank-of-america-analysis-kevin-warsh","article_id":"2610961551","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2026/02/11/Trump-Wants-Rate-Cuts.jpeg?optimize=medium&dpr=2&auto=webp&width=240"],"rights":{"source":"benzinga_recent_news","url":"https://www.benzinga.com/markets/economic-data/26/02/50561413/trump-interest-rate-cuts-jobs-data-bank-of-america-analysis-kevin-warsh","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2610961551","pubTimestamp":1770844920,"columns":[],"sourceInfo":{"source_id":"benzinga_recent_news","name":"Benzinga"},"weMediaInfo":null,"summary":"Strong U.S. jobs data boosts hawks, trims rate-cut odds and clashes with Trump's renewed push for lower interest rates.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SLAMU":"Slam Corp."},"translate_title":"特朗普希望减免1万亿美元的利息，但市场拒绝降息","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SLAMU":1.5},"content_text":"President Donald Trump doubled down on his demand for lower interest rates Wednesday after a surprisingly strong January jobs report — while markets reacted in textbook fashion by trimming expectations for rate cuts.\nThe U.S. economy added 130,000 jobs last month, well above expectations of 70,000 and nearly triple December's revised 48,000, according to the Bureau of Labor Statistics. \nThe unemployment rate unexpectedly fell from 4.4% to 4.3%, while wage growth accelerated 0.4% month over month and 3.7% year over year.\nThe headline strength, however, was accompanied by sweeping downward revisions. Payrolls from April 2024 through March 2025 were cut by 898,000 jobs. \nFor all of 2025, job growth was revised down to just 181,000 — an average of 15,000 per month, marking the weakest year outside of a recession since 2003.\nTrump focused squarely on the January upside surprise, brushing aside the historic revisions.\n“Great jobs numbers, far greater than expected!,” he wrote on social media.\nHe added that the United States should be paying \"much less\" on its borrowings, stressing that strong economic performance warrants sharply lower interest rates and could save \"at least one trillion dollar per year\" in interest costs.\nTrump's logic — that strong economic data justifies lower rates — runs counter to traditional monetary policy thinking, where robust labor markets typically reduce the urgency for rate cuts.\nInvestors responded not to Trump's call, but to the strength in the labor data.\nBefore the report, traders were assigning roughly a 75% probability to a 25-basis-point rate cut in June, as per CME FedWatch tool. That fell to 57% after the release. \nSimilarly on prediction platform Polymarket, there is a 39% chance the Fed holds steady in June, rising by 9 percentage points after the report. \nThe market pricing for two rate cuts by year-end also softened, with Fed futures now assigning a small but non-zero probability that the Federal Reserve leaves rates unchanged for all of 2026.\nBank of America economist Aditya Bhave described the report as \"a feast for the hawks.\"\n\"The star of today's hawkish report was the unemployment rate, which declined one-tenth to 4.3% and that too for good reasons,\" Bhave said, highlighted the drop reflected solid household employment gains.\nHe added that benchmark revisions were largely concentrated in the second half of 2024, which matters less for forward-looking policy decisions. \nThe broad-based strength in January, he said, supports the view that the Fed is unlikely to cut rates in the near term.\nAttention is increasingly turning to what policy could look like under a Kevin Warsh-led Federal Reserve, once Jerome Powell's term concludes in May.\nBank of America continues to forecast two cuts under a Warsh-led Fed. But Bhave cautions that a further decline — or even stabilization — in the unemployment rate could narrow the path to easing.\nIf the jobless rate remains at or below 4.3% by midyear, the Fed may also find itself constrained, potentially staying on hold despite political pressure.\nFor now, January's strong labor data has strengthened the hawks' hand — and left Trump calling for rate cuts that markets are increasingly reluctant to price in.\nImage: Shutterstock\nTo add Benzinga News as your preferred source on Google, click here.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}