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CNBC Daily Open: Trump Wants to Floor It on Economic Growth as Warsh Eyes the Brakes

Summary by CNBC
The Trump administration saw two embattled officials fending off criticism yesterday as the war in the Middle East flared up again.

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(Washington = Yonhap News) Correspondent Baek Na-ri = U.S. President Donald Trump said that U.S. interest rates are too high and that Federal Reserve Chairman Kevin Warsh should...

·Seoul, Korea (the Republic of)
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US President Donald Trump, when asked whether he had spoken to Federal Reserve Chairman Kevin Warsh about signaling on Friday that he might consider raising interest rates, responded, "I have great respect for him. He will do what needs to be done. However, I think our interest rates are too high. They don't need to raise them when our economy is doing well. They need to lower them."

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연합뉴스-Yonhap News Agency broke the news in Seoul, Korea (the Republic of) on Monday, August 31, 2026.
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