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Trump: Economic improvement should not lead to interest rate hikes. The United States has debt problems and many other issues need to be addressed

2026-06-08 00:00:08 Source: 区块维基快讯
On June 7, U.S. President Trump said that if Federal Reserve policymakers choose to raise interest rates after U.S. employment data significantly exceeded expectations, it would be a wrong decision. At the same time, he insisted he did not want to influence Kevin Warsh before presiding over the first Fed meeting. Trump said in an interview with NBC: "Nowadays, whenever economic data is good, the market will fall because people think the Fed will raise interest rates. But there is no reason to raise interest rates." Trump's statement further increased the economic and political pressure Washes faced. Trump said: "Raising benchmark interest rates is the wrong thing to do. In fact, we should lower interest rates." Trump said: "I work with Kevin now. I respect him a lot, but my view is that when a country's economy is performing well, it should not be punished immediately by raising interest rates." He added: "We have debt problems, there are many other things that need to be dealt with, there are many plans to move forward. I hope to further expand defense spending."