{"id":48717,"date":"2026-07-28T09:15:08","date_gmt":"2026-07-28T09:15:08","guid":{"rendered":"https:\/\/cryptomag.finance\/?p=48717"},"modified":"2026-07-28T09:15:08","modified_gmt":"2026-07-28T09:15:08","slug":"president-trump-urges-fed-to-cut-rates-to-secure-worlds-lowest-borrowing-costs","status":"publish","type":"post","link":"https:\/\/cryptomag.finance\/?p=48717","title":{"rendered":"President Trump Urges Fed to Cut Rates to Secure World\u2019s Lowest Borrowing Costs"},"content":{"rendered":"

\"\"<\/p>\n

President Trump is urging the Federal Reserve to slash interest rates sharply so the United States can boast the world\u2019s lowest borrowing costs.<\/p>\n

He made the remarks aboard Air Force One, reports<\/a> Reuters.<\/p>\n

Says Trump,<\/p>\n

\u201cRates should be lowered\u2026 We have other countries that are paying less interest rates\u2026 We should have the lowest interest rate in the world.\u201d<\/em><\/p>\n

Trump pointed out that other countries pay lower interest and insisted the U.S. must lead with the cheapest rates globally.<\/p>\n

The president praised Fed Chair Kevin Warsh but criticized the other board members.<\/p>\n

\u201cKevin is fantastic, but he\u2019s got a board, and the board members are very political.\u201d<\/em><\/p>\n

Warsh took over as chair in May 2026 after Jerome Powell stepped down amid ongoing tensions over monetary policy. Trump frequently insulted<\/a> Powell for not lowering the rates.<\/p>\n

Trump has repeatedly called for lower rates since installing Warsh, arguing they would boost the economy without direct White House interference.<\/p>\n

The Fed held rates steady in recent meetings under the new leadership despite the president\u2019s public pressure.<\/p>\n

Current benchmark rates sit around 3.5 to 3.75 percent following earlier adjustments.<\/p>\n

Trump continues to weigh in on Fed decisions from Washington as the central bank navigates inflation and employment goals.<\/p>\n

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The post President Trump Urges Fed to Cut Rates to Secure World\u2019s Lowest Borrowing Costs<\/a> appeared first on The Daily Hodl<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

President Trump is urging the Federal Reserve to slash interest rates sharply so the United States can boast the world\u2019s lowest borrowing costs. He made the remarks aboard Air Force One, reports Reuters. 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