Trump Demands Rate Cut from Fed Amid Trade Threats

President Donald Trump has intensified pressure on the Federal Reserve to lower interest rates. In a social media post, he threatened to cut off trade with certain economies that have a deficit with the US if the central bank doesn't act.

The Fed's next policy meeting starts September 15, and a stronger-than-expected August jobs report could bolster the case for rate hikes at this meeting.

Trump's demand for lower rates comes despite the recent economic data, which some see as a sign that the economy is strong enough to withstand higher interest rates.