La Fed cut rates, otherwise we will stop trading with countries with which the United States has a deficit. The President of the United States Donald Trump commenting i employment data he turns back to the new Fed chairman, Kevin Warsh"Lower interest rates, because the United States," Trump emphasized in a post on Truth, "is a much stronger debtor today than it was recently! A strong country means lower interest rates—and better credit... simple as that! We should have the lowest interest rate of any country in the world, just like 'the old days.' If the United States stopped allowing other countries to maintain their huge trade surpluses—which we could stop immediately—those countries would no longer be considered financially elite!"
Trump and the threat to the Fed
“Lower rates or I will stop trading with countries with which we have a deficit, which the US Supreme Court, in its ridiculous and very expensive tariff decision, strongly recognized as an absolute right of the President"It's better than tariffs. The Fed Board, with its excellent new leader, needs to be smart. Be patriotic for once! High interest rates put the United States at a huge disadvantage, and I won't let that happen!" Trump added, commenting on the August employment data (+162.000 jobs and a stable rate of 4,1%): "Great jobs data just released, beating all estimates (except mine) by two or three times! And you ain't seen nothing yet! Employers created 162 jobs in August."
