The Economic Times

Trump calls for lower interest rates, says high rates put US at 'unfair disadvantage'

US President Trump advocates for reduced interest rates, stating the US possesses stronger credit. He believes lower rates are essential for global financial competitiveness and fairness. Recent jobs data showed employers added 162,000 positions in August. Trump warned of trade cessation with deficit nations if rates remain high. He urged the Federal Reserve to lower rates, citing an unfair disadvantage.