Trump Calls for Global Low Rates Amid Fed Rate Debate
Ahead of the Federal Reserve's next policy meeting, US President Donald Trump stated that no country should have lower interest rates than the United States.
The comments were made by Trump on Sunday in Ireland, where he is currently visiting. The Federal Reserve's next policy meeting is set to take place days after his statement.
Fed Chair Kevin Warsh had previously warned that inflation remains elevated and rates may need to rise, pushing Treasury yields and hike expectations higher.