He said he respects Fed Chair Warsh while arguing rates should be below the current 3% to 4% range.
Trump said the United States should have the lowest interest rates in the world, framing a push for easier monetary policy. He also expressed respect for Fed Chair Warsh, but said he wants rates set below the current 3% to 4% level. Lower interest rates generally reduce borrowing costs across the economy and can support asset prices, though they can also raise concerns about inflation and central bank independence.