Neutral impactEconomy
Trump says US should have world’s lowest interest rates ahead of Fed meeting: ‘I know more about formulas’
Mint 1 hr ago·13 Sept 2026, 5:17 pm
Former US President Donald Trump has publicly urged the Federal Reserve to cut interest rates to the world's lowest levels. He argued that the US economy is performing well enough to support lower borrowing costs. This comes just days before the Fed's next policy meeting, where officials are expected to hold rates steady. Trump's comments add political pressure to the central bank, which is tasked with managing inflation and employment.
For investors, this situation highlights the growing influence of political figures on monetary policy. The Fed is an independent body, but political pressure can complicate its decision-making. Investors are watching to see if the Fed will push back against these demands or if they will signal a potential shift in policy. The upcoming meeting will be closely watched for clues on the future path of interest rates and the US dollar.
Excerpt from Mint
Trump said the US should have the world’s lowest interest rate ahead of the Fed’s September 15-16 meeting. Despite rising inflation and oil prices, he urged cuts, while officials, including Kevin Hassett, said Trump would defend Fed nominee Kevin Warsh’s independence. US President Donald Trump said on Sunday that the…Read the original at Mint
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