Why can't Trump get the low interest rates he wants? Inflation, AI explain
India, Sept. 6 -- Donald Trump wants much lower interest rates, but inflation is making that difficult. President Trump has repeatedly criticized the Federal Reserve for not cutting interest rates fast enough. He has said the US should have the "lowest interest rates anywhere in the world." Trump believes lower rates could help the US economy grow much faster.
Trump has even argued that US growth could reach 20%. Trump has previously said interest rates should be 1% or lower. He argued that if the Fed cuts rates sharply, the US could potentially see GDP growth of 14%, 15%, 16% or even 20%. Trump also said strong economic growth itself does not necessarily cause inflation. Trump made these comments in remarks to reporters in the Oval Offi...
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