Trump Advocates for Lowest Global Interest Rates
President Donald Trump has made a bold statement suggesting that the United States deserves to have the lowest interest rates worldwide. In comments made on Sunday, Trump emphasized America's economic leverage over global counterparts.
The Federal Reserve is set to meet this week and discuss its policy on interest rates. When questioned about the possibility of an upcoming rate hike, Trump conveyed uncertainty but reiterated his belief that the U.S. should maintain globally competitive interest rates.
Trump highlighted the nation's superior credit rating, saying 'We make other countries rich. We can turn that off in two minutes.'