‘No Reason’ to Raise Interest Rates after Jobs Report, Trump Says‘No Reason’ to Raise Interest Rates after Jobs Report, Trump Says‘No Reason’ to Raise Interest Rates after Jobs Report, Trump Says
Gemini / GooglePresident Donald Trump said there’s “no reason” to raise interest rates during an interview with NBC News’ “Meet the Press” that aired June 7. Trump pushed back when asked about economists’ warnings that the Federal Reserve may have to raise rates following the most recent U.S. jobs report. Financial markets tanked following the release of the report, which was stronger than expected.