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Trump threatens trade with dozens of countries if Fed doesn’t lower rates post-jobs report

Trump
New York Post Fews App News Provider
Fews App Post Time há 1d

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 dozens of countries if the Fed didn’t heed his call, warning: “LOWER THE RATE OR I’LL STOP TRADING WITH COUNTRIES WITH WHICH WE HAVE A DEFICIT, which the U. S.

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