Trump: If the Federal Reserve starts to drop interest rates now, it will significantly lower the short-term and long-term interest rates of the upcoming maturing debt.

On June 6, U.S. President Trump posted on social media, “If ‘Mr. Too Late’ Powell’s Federal Reserve starts to drop interest rates now, we can significantly lower the long and short-term rates on debt that is about to mature. Biden mostly relies on short-term debt. There is almost no inflation (it is no longer there), but if inflation comes back, then let’s raise rates to respond, very simple!!! He is making our country pay a huge price. Borrowing costs should be much lower!”