WASHINGTON — President Trump demanded Friday that the Federal Reserve lower interest rates after a surprisingly strong August jobs report — despite expectations that the central bank’s board will either maintain or raise rates due to persistently elevated inflation.
Trump threatened to sever trade relations with unnamed countries if the Fed didn’t heed his call.
“Great jobs number just announced, breaking all estimates (except mine!) by double and triple – And you haven’t seen anything yet!” he wrote on Truth Social.
“EMPLOYERS ADDED 162,000 JOB IN AUGUST. Lower the interest rates because the U.S.A. is a much stronger credit than it was just a…
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