Trump: Raising interest rates would be a wrong decision, calling for lower rates

ME News message: On June 8 (UTC+8), U.S. President Donald Trump said in an interview with NBC that if the Federal Reserve chooses to raise interest rates, it would be a wrong decision. He pointed out that when economic data is performing well, interest rates should not be raised immediately, and emphasized that rates should be lowered to support economic growth. Trump’s remarks have increased the economic and political pressure facing the new Federal Reserve Chair, Kevin Walsh. (Source: ChainCatcher)
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