Trump: US interest rates should be 1% or lower
Trump's Truth Social latest posts09-17
U.S. President Donald Trump on September 16 called for lowering the country's interest rates to 1% or less, posting on social media platform X.
Trump argued that the United States has the best credit in the world and is experiencing a boom in new investment. He also criticized trade deficits, claiming that ending trade with most countries where the U.S. has deficits would generate at least $1.5 trillion annually, calling the word "deficit" a fancy word for "loss."
"LOWER THE INTEREST RATES FOR THE UNITED STATES OF AMERICA, AND FAST!" Trump wrote. The Federal Reserve has not commented on the remarks.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
