Trump Threatens Trade Action Over Rate Cuts
US President Donald Trump has threatened to halt trade with countries that run trade surpluses with the United States unless the Federal Reserve eases monetary policy. In a post on his Truth Social account, Trump cited August's jobs report as sufficient for the Fed to cut interest rates.
The comments come as Federal Reserve officials emphasize price stability, with Kevin Warsh signaling that higher rates could remain an option.
Fresh US inflation data are expected Friday, following an August jobs report that showed employment rising by 162,000, well above economists' forecast of 55,000.