Trump Calls for Lowest Interest Rate in World Ahead of Fed Meeting

President Donald Trump said that no country should have lower interest rates than the US ahead of the Federal Reserve's next policy meeting. In a statement, Trump claimed that the US should have the world's lowest interest rate.

The comment comes days before the Fed is set to meet and discuss monetary policy. According to Reuters, Federal Reserve Chairman Kevin Warsh warned that inflation remains elevated and rates may need to rise, pushing Treasury yields and hike expectations higher.