Cited by Jin10, the U.S. President said after strong jobs data that a Fed hike would be a mistake, urged rate cuts and said he did not want to influence Kevin Warsh before his first Fed meeting.
U.S. President Donald Trump said the Federal Reserve had "no reason" to raise interest rates and that a rate hike would be a mistake after U.S. employment data came in far above expectations, according to Jin10. In an interview, he argued rates should be cut instead and said he did not want to influence Kevin Warsh before his first Fed meeting. The remarks keep attention on U.S. monetary policy, which shapes borrowing costs, liquidity and risk appetite across traditional and digital asset markets.