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Trump demands 1% rates because the US has the ‘Best Credit in the World’ — the Fed hiked rates anyway. So who’s right?
Yahoo Finance· 2026-09-21 23:30
When the Federal Reserve recently raised interest rates by a quarter point to a range of 3.75% to 4.00%, many wondered what President Trump's response would be. After all, Trump has been calling on the Fed to cut borrowing costs for more than a year, even before his pick to lead the Federal Open Market Committee (FOMC), Kevin Warsh, was confirmed by the Senate this spring. Must Read In short, Trump was not happy, and he took to Truth Social on Sept. 16 to voice his discontent. The White House then r ...