Trump Says US Should Have World's Lowest Interest Rate Ahead of Fed Meeting
Ahead of the Federal Reserve's next policy meeting, US President Donald Trump made a statement on Sunday, September 14. He said that no country should have lower interest rates than the United States.
Trump's comments come as the Fed prepares to meet and discuss potential changes to monetary policy. Federal Reserve Chairman Kevin Warsh warned last week that inflation remains elevated and interest rates may need to rise. This warning has pushed Treasury yields higher, increasing expectations of a hike in interest rates.