Trump demands 1% or lower interest rate after first Fed hike since 2023
- On September 15-16, the Federal Reserve held a policy meeting amid intense pressure from President Donald Trump to slash interest rates, as markets anticipated a potential rate hike following 3.4% annual inflation data.
- Trump demanded the Federal Reserve lower interest rates, threatening to halt trade with "some nations" if he does not receive compliance, arguing that "a strong country means a lower interest rate."
- August consumer prices rose 3.4% annually, driven by surging energy costs, while economists warn AI investment fuels growth but high inflation and energy prices complicate the central bank's path forward.
- National Economic Council Director Kevin Hassett maintained that the administration respects the Federal Reserve's independence, noting the president will "have an opinion about it" if the Fed makes a big move.
- The Federal Reserve faces this complex decision just seven weeks before the November 3 midterm elections, as balancing currency stability against rising unemployment risks intensifies political stakes.
408 Articles
408 Articles
MichaelSavage.com – Trump Slams “Very Hostile” and “Very Political” Fed Board After Rate Hike – Says Interest Rates Should be 1%
President Trump on Wednesday slammed the Federal Reserve after a 12-0 vote to raise interest rates for the first time since 2023. The Gateway Pundit reported that the Fed raised interest rates by 25 basis points on Wednesday, just seven weeks before the midterm elections. Trump initially responded by calling on the Fed to lower…
Trump Is Threatening To Blow Up Global Trade - LewRockwell
If you want to understand just how serious America’s $40 trillion debt problem has become, consider what President Trump threatened to do earlier this month. “LOWER THE RATE OR I’LL STOP TRADING WITH COUNTRIES WITH WHICH WE HAVE A DEFICIT,” he wrote on Truth Social. Source: CNBC Just to give you an idea of how crazy this would be in practice, below are some of the countries with which the U.S. runs a trade deficit. China. Mexico. Canada. Germany…
There is a number to consider: 16. There are times (a documentable minimum, but they could be more) when the US president, Donald Trump, has asked in just under two years for the Federal Reserve to lower interest rates. Almost one call per month.The last complaint came yesterday and the mogul went a little too far, arguing that the price of money should be set, according to the parameters of the US economy, at 1% or less.Keep reading...
Trump Slams “Very Hostile” and “Very Political” Fed Board After Rate Hike – Says Interest Rates Should be 1% * The Gateway Pundit * by Jordan Conradson
President Trump on Wednesday slammed the Federal Reserve after a 12-0 vote to raise interest rates for the first time since 2023. The Gateway Pundit reported…
POLITICS: BREAKING: Trump BREAKS His Silence After Fed Chair Raises Interest Rates! – Video
President Trump Speaks to Reporters; the President breaks his silence on FED Chair Kevin Warsh and the Fed raising interest rates by a quarter percent. Trump also answers multiple question on various topics. source Source
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