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Trump: "The Fed should cut rates at this week's FOMC meeting"

YM Lee

Summary

President Donald Trump once again exerted pressure on the Fed.
Trump stated that a rate cut is needed at this week's FOMC meeting.
He emphasized that the economy could perform even better if there is a rate cut.

President Donald Trump once again put pressure on the Fed.

On the 28th (local time), President Trump stated at a press conference, "The Fed should cut rates at this week's FOMC meeting. Of course, we have done well even without rate cuts, but if we lower rates, we can do even better," he said.