Trump Renews Call for Interest Rates to Be Cut to 1% or Lower
President says United States has the "Best Credit in the World" as he repeats push for deep rate cuts
President Donald Trump has renewed his call for the U.S. Federal Reserve to slash interest rates to 1% or lower, according to a report by Anadolu Agency.
In comments cited by the news agency, Trump said, "We are the Best Credit in the World -- BY FAR," as he pressed his case for sharply lower borrowing costs.
The remarks mark the latest in a series of public appeals by Trump urging the central bank to reduce rates significantly, according to Anadolu Agency.
Further details on the timing and context of the statement were not immediately available.
Sources
- Trump renews demand for US interest rates to be slashed to 1%, lower — Anadolu Agency (Turkey)
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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