Trump Pressures Federal Reserve Again: Says U.S. Should Have World's Lowest Interest Rate, Calls for Rate Cut

July 28th - U.S. President Trump stated that the U.S. "should have the lowest interest rates globally" and referred to the members of the Federal Reserve Board as "political." Trump called on Fed Chair Kevin Wash to address internal issues within the Board and to push for a rate cut.

Trump has previously criticized the Fed for having interest rates that are too high, arguing that high rates constrain economic growth. This statement has once again heightened tensions in the market.