Trump Calls for Lowest Interest Rates Ahead of Fed Decision
US President Donald Trump has made strong statements ahead of this Wednesday's interest rate decision by the Federal Reserve. He emphasized that the US should have the lowest interest rates in the world, reiterating his call for a cut in interest rates.
Trump criticized members of the Fed's board of governors, accusing them of acting 'politically.' He specifically mentioned Kevin Warsh, stating that he too had to work with other board members in the decision-making process.
The US President argued that lower interest rates would support economic activity and investment. However, his comments on monetary policy have been met with criticism from some quarters, who point out that his views may be influenced by his own financial interests.