Trump: Wants to see interest rates cut, but will leave the decision to Warsh
Svmuu reported that U.S. President Trump stated today during remarks on Air Force One that he hopes to see interest rates lowered, but he will leave the decision on rates to Federal Reserve Chair Warsh. Trump noted that the country is in good shape and the market should rise. He also emphasized that he does not mind if Warsh cuts rates, and he will leave the decision on a rate cut at the October meeting to Warsh. When asked about Iran and oil prices, Trump said the U.S. has achieved great success with Iran and that Iran currently does not have the conditions to possess nuclear weapons. Regarding oil prices, he stated that the government has multiple options. Additionally, Trump disclosed that he has arranged a meeting with artificial intelligence companies, which may visit the White House next week. (Jinshi)
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