Trump Calls for Lowest US Interest Rate Amid Fed Policy Meeting
US President Donald Trump expressed his expectations for the upcoming Federal Reserve policy meeting, stating that the United States should have the lowest interest rate in the world. Speaking at the Irish Open golf championship on September 13, Trump emphasized that the country has 'the best credit in the world' and can 'turn [other countries] rich in two minutes'.
When asked about his expectations for the Fed's decision to hike rates this Wednesday, Trump replied that he didn't know but reiterated that the US should have the lowest interest rate globally. He emphasized that the country's strong credit rating justifies such a rate.