WASHINGTON, Dec 9 (Reuters) – U.S. President Donald Trump said support for immediately cutting interest rates would be a requirement for anyone he chose to lead the Federal Reserve, according to a Politico interview published on Tuesday. Asked if it was a litmus test that the new central bank chair immediately lower interest rates, Trump […]
Politics
Trump says support for interest rate cuts is key test for Fed chair nominee
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WASHINGTON, Dec 9 (Reuters) – U.S. President Donald Trump said support for immediately cutting interest rates would be a requirement for anyone he chose to lead the Federal Reserve, according to a Politico interview published on Tuesday.
Asked if it was a litmus test that the new central bank chair immediately lower interest rates, Trump told the news outlet “yes”.
(Reporting by Susan Heavey; Editing by Andrew Heavens)