Trump again urged the Federal Reserve to cut rates promptly, saying US interest-rate costs are too high. He said each one percentage-point cut would reduce costs by about $600bn, called the current rate system "unfair", and said the Fed chair is perf

2026-08-20

Trump again urged the Federal Reserve to cut rates promptly, saying US interest-rate costs are too high. He said each one percentage-point cut would reduce costs by about $600bn, called the current rate system "unfair", and said the Fed chair is performing well but is affected by the "politicization of the Federal Reserve Board".