Trump says U.S. economy entitled to 'substantial' interest rate cut
Reuters
Published Oct 07, 2019 04:22PM ET
Trump says U.S. economy entitled to 'substantial' interest rate cut
WASHINGTON (Reuters) - President Donald Trump said on Monday he wanted to see the U.S. Federal Reserve enact a "substantial" cut in interest rates because of the lack of inflation in the United States.
"We'd like to a see an interest rate cut, a very substantial one," Trump said. "We have no inflation. If anything it's going below the number, so therefore we're entitled to an interest rate cut. I hope the Fed does that."
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Written By: Reuters
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