Trump: Raising interest rates would be a wrong decision, calls for lowering interest rates
According to Jinshi, U.S. President Trump stated in an interview with NBC that it would be a mistake if the Federal Reserve chooses to raise interest rates.
He pointed out that interest rates should not be raised immediately when economic data performs well and emphasized that rates should be lowered to support economic growth. Trump's remarks have increased the economic and political pressure faced by the new Federal Reserve Chairman Kevin Warsh.
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