Trump says the Federal Reserve Board wants to see the country perform poorly and that interest rates should be lowered.
智通财经2026/10/07 18:41U.S. President Trump, when asked about mortgage rates on Wednesday, stated that the Federal Reserve Board "wants to see the country perform badly." The U.S. 30-year mortgage rate rose to its highest level in nearly three years last week. Trump described Fed Chairman Waller as "very outstanding," but added that other members of the Fed Board "seem to want to see the country perform badly, because I think interest rates should be coming down." U.S. Treasury Secretary Bensent, who was with Trump in the Oval Office, said that inflation is high due to energy shocks. "Therefore, once we get through this Iran conflict and the energy market is adequately supplied, inflation will fall back toward the Fed’s target, and both mortgage rates and the 10-year U.S. Treasury yield will come down."
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