Trump says US should have world’s lowest interest rates ahead of Fed meeting: ‘I know more about formulas’

Donald Trump publicly called for the United States to set the lowest global interest rates as the Federal Reserve prepares for its September 15‑16 policy meeting. In his remarks, he pressed for rate cuts even as inflationary pressures and higher oil prices persisted, and he referenced his confidence in monetary formulas.

The statement was made in the days leading up to the Fed’s scheduled meeting, with Treasury adviser Kevin Hassett noting that Trump would defend the autonomy of the Fed’s prospective nominee, Kevin Warsh. No specific rate figures were disclosed, but the timing aligns with the Fed’s bi‑monthly review of monetary policy.

Trump’s comments echo his previous interventions in economic policy and come at a time when U.S. consumers and investors are closely watching potential rate adjustments. Analysts warn that such political pressure could influence market expectations and affect borrowing costs for households and businesses nationwide.