Trump Calls Fed Rate Hike 'Unfortunate,' Demands a Cut
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President Donald Trump says the Fed was wrong to raise interest rates by a quarter percentage point. In a Truth Social post, Trump said that US rates “should be 1%, or less." Chris Phelan, White House Council of Economic Advisers chairman, agrees and says anyway you measure it - ...
President Donald Trump says the Fed was wrong to raise interest rates by a quarter percentage point. In a Truth Social post, Trump said that US rates “should be 1%, or less." Chris Phelan, White House Council of Economic Advisers chairman, agrees and says anyway you measure it - inflation is coming down. He is on "Balance of Power." (Source: Bloomberg)
Original Source
https://www.bloomberg.com/news/videos/2026-09-16/trump-calls-fed-rate-hike-unfortunate-demands-a-cut-video
