[Trump: Growth Doesn't Lead to Inflation, Lowest Interest Rates Globally Should Be Maintained] US President Trump stated on social media that the latest employment data was strong, and the market should have risen, but due to the long-standing "inflation fears," the stock market actually fell. He claimed that the US is caught in a false reality: when economic performance improves, policies are used to suppress growth. Trump stated that "growth doesn't lead to inflation," and that if the current theory continues, the US will not achieve the economic prosperity it deserves. He believes that the US economy should be growing at 15% and 20% GDP growth levels, not 2%, 3%, and 4%. Trump also stated that the US should have the lowest interest rates globally because it drives the global economy and helps other countries develop. He claimed that every 1 percentage point increase in interest rates costs the US $650 billion annually, and that lower interest rates help reduce the debt burden.
