Trump Urges Fed to Cut Interest Rates, Targets World’s Lowest Borrowing Costs
President Trump called for Federal Reserve interest rate cuts, stating the United States should maintain the lowest borrowing costs globally. When asked about the central bank’s policy, he said rates need to be lowered and noted that borrowing costs are decreasing quickly.
Trump praised Fed Governor Kevin Warsh, saying he would make the right decision but must work with a broader board. He characterized other board members as political and noted differing intentions among Federal Reserve officials on the rate decision.
From the sources (16 posts)
@financialjuiceTrump, asked about Fed & rates: Warsh is great, but he has a board. Warsh'll do the right thing, I know what he wants.
@firstsquawkTRUMP STATED THIS WEEK THAT COSTS ARE DECREASING QUICKLY REGARDING THE FEDERAL RESERVE.
@firstsquawkTRUMP PRAISES WARSH BUT MENTIONS HE HAS A BOARD TO CONSIDER ON FEDERAL RESERVE RATES.
@firstsquawkTRUMP BELIEVES WARSH WILL MAKE THE RIGHT DECISION, CLAIMING HE UNDERSTANDS WARSH'S DESIRES.
@firstsquawkTRUMP SAYS INTEREST RATES NEED TO BE REDUCED.
@firstsquawkTRUMP STATES WARSH IS FOCUSED ON MAKING GOOD DECISIONS.
@firstsquawkTRUMP STATED THAT A CONSENSUS AMONG PEOPLE IS NECESSARY FOR FEDERAL RESERVE RATE DECISIONS.
@firstsquawkTRUMP SAYS THE U.S. SHOULD HAVE THE LOWEST INTEREST RATES GLOBALLY.
@stockmktnewz🇺🇸 PRESIDENT TRUMP JUST SAID: - INTEREST RATES SHOULD BE LOWERED
@deitaoneTRUMP ON FED: WE SHOULD HAVE WORLD'S LOWEST INTEREST RATE
@zerohedgeTRUMP: RATES SHOULD BE LOWERED
@deitaoneTRUMP PUSHES FOR LOWER FED RATES President Trump said the Federal Reserve should cut interest rates and argued the U.S. should have the world's lowest borrowing costs. He added that Fed board members are "political" and said Fed Governor
@bulltheoryio🇺🇸 President Trump Just Now: "Interest rate should be lowered."
@maxcrypto🇺🇸 President Trump Just Now: "WE SHOULD HAVE THE LOWEST INTEREST RATE IN THE WORLD."
@hedgeyeTrump: Rates should be lowered.
@cnbcTrump backs 'fantastic' Warsh while calling for lower rates and citing 'bad intentions' of other Fed officials