Donald Trump stated on Monday that such rapid economic growth should not prompt the Federal Reserve to raise interest rates, even if inflation remains above the Fed's 2% target. He argued that successful economic growth would not lead to inflation and called for the United States to have the lowest interest rates globally. Since World War II, the U.S. real GDP has reached or exceeded an annualized growth rate of 20% only once, in the third quarter of 2020, when the economy rebounded after pandemic lockdowns with an annualized growth rate of 34.9%.