English
Trump: Interest Rates Should Be 1% or Lower to Boost U.S. Economy
Former U.S. President Donald Trump has called on the Federal Reserve to lower interest rates to 1% or even less,
arguing that the current strength of the dollar is hurting American exports and slowing economic growth.
In a recent televised interview, Trump stated that the U.S. dollar is "too strong" at the moment
making it harder for American goods to compete internationally and increasing production costs. He emphasized that if re-elected, he would push the Fed to implement deep rate cuts.
Trump said the ideal interest rate should be "1% or lower," suggesting such a move would stimulate economic activity, boost job creation, and reduce debt burdens on individuals and businesses.
These remarks come amid rising speculation that the Federal Reserve might begin cutting rates soon, especially as recent economic data has shown signs of easing inflation and slower wage growth.
Related Topics
Latest Technical Analysis
Latest Economic Analysis
Tuesday, May 16, 2023 - 23:36
Tuesday, April 25, 2023 - 15:59
Tuesday, April 18, 2023 - 22:22
Tuesday, April 04, 2023 - 17:13
Latest Education Articles
Tuesday, June 24, 2025 - 22:35
Friday, June 13, 2025 - 13:49
Tuesday, May 20, 2025 - 21:00
Friday, April 25, 2025 - 04:01
