Trump Demands Fed Lower Interest Rates Amid Global Comparison
U.S. President Donald Trump has called on the Federal Reserve to lower interest rates, claiming the U.S. should have the lowest rate in the world.
In a statement made aboard Air Force One on Monday, July 27, Trump stated that other countries are paying less interest rates and suggested that the U.S. should follow suit.
'Rates should be lowered,' Trump said. 'We have other countries that are paying less interest rates.'
Trump also expressed his opinion about Fed Chair Kevin Warsh, saying 'Kevin is fantastic, but he's got a board, and the board members are very political.'