Trump: U.S. interest rates should be lowered to below 1%

U.S. President Trump stated on social media that U.S. interest rates should be lowered to 1% or lower, arguing that the U.S. has the strongest credit in the world and that the current economy is attracting a large amount of new investment.

Trump urged the Federal Reserve to quickly lower interest rates, stating that reducing borrowing costs would help the development of the U.S. economy.