Trump Pressures Fed Again: U.S. Should Have World's Lowest Interest Rate, Calls for Powell to Cut Rates

BlockBeats News, July 28th - U.S. President Trump stated that the United States "should have the lowest interest rate in the world" and claimed that there is "political" influence among Federal Reserve Board members. Trump requested that Fed Chair Kevin Wash address internal issues within the committee and push for a rate cut.

Trump has previously criticized the Fed for having interest rates that are too high, believing that high rates constrain economic growth. This latest statement has once again heightened market