Trump Demands Lower Interest Rates Citing Stronger US Credit
US President Donald Trump has called for lower interest rates, arguing that high rates put the US at an unfair disadvantage. In a Truth Social post, Trump stated that the US is now a 'much stronger credit' than it was a short time ago and should have the lowest borrowing costs.
Trump made these comments while celebrating the latest US jobs data, which showed employers added 162,000 jobs in August. He claimed this figure had exceeded expectations and linked his call for lower interest rates to the US trade deficit.
The President warned that Washington could stop trading with countries that run a deficit if rates are not lowered, saying such a step would be preferable to tariffs. Trump urged the Federal Reserve to act, stating that high interest rates put the United States at an 'unfair disadvantage'.