Ahead of Fed meeting, Trump says US should have world's lowest interest rate
Americas2 sources2 countries🔦 Under-reported26m ago
Ahead of the Federal Reserve's upcoming policy meeting, US President Donald Trump stated on Sunday that no country should have lower interest rates than the United States, arguing that the US should maintain the world's lowest interest rate.
The remarks, made in Doonbeg, precede the central bank's scheduled meeting. Trump has previously linked monetary policy to international trade, having warned that he could halt trade with surplus-running countries unless borrowing costs are lowered.
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Free Malaysia Today (MY)Highlights Trump's previous threats to stop trade with surplus nations over interest rates.