President Donald Trump called on the Federal Reserve to lower interest rates, saying the US should have the lowest interest rate in the world.
“Rates should be lowered... We have other countries that are paying less interest rates,” Trump told reporters aboard Air Force One.
“We should have the lowest interest rate in the world,” Trump said.
“Kevin is fantastic, but he’s got a board, and the board members are very political,” Trump said, referring to the US Federal Reserve Chair Kevin Warsh, adding he knew what Warsh wanted to do.
When Trump selected Warsh to replace Jerome Powell earlier this year, he made it clear that lower interest rates were his preference.
-Reuters