WASHINGTON, July 27 (Reuters) – U.S. President Donald Trump on Monday called on the Federal Reserve to lower interest rates, saying the U.S. should have the lowest interest rate in the world.
“Rates should be lowered… We have other countries that are paying less interest rates,” Trump told reporters aboard Air Force One.
“We should have the lowest interest rate in the world,” Trump said.
“Kevin is fantastic, but he’s got a board, and the board members are very political,” Trump said, referring to Fed Chair Kevin Warsh, adding he knew what Warsh wanted to do.
(Reporting by Trevor Hunnicutt, writing by Bhargav Acharya; editing by Michelle Nichols )
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