Trump Calls for Lowest Interest Rate in the World
President Donald Trump has stated that no country should have lower interest rates than the United States ahead of the Federal Reserve's next policy meeting.
This comes as the Fed is set to meet on September 14, just days after Trump's comments. The President believes that the US should have the world's lowest interest rate.
Fed Chair Kevin Warsh has warned that inflation remains elevated and rates may need to rise, pushing Treasury yields and hike expectations higher.