United States President Donald Trump has said that he expects the next chairman of the US Federal Reserve to keep interest rates low and never “disagree” with him.
Trump made his remarks on Tuesday as interviewing was under way for candidates to replace outgoing Federal Reserve chief Jerome Powell.
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“I want my new Fed Chairman to lower Interest Rates if the Market is doing well, not destroy the Market for no reason whatsoever,” Trump wrote in a lengthy post on his Truth Social platform.
“The United States should be rewarded for SUCCESS, not brought down by it. Anybody that disagrees with me will never be the Fed Chairman!”
Since returning to office in February, Trump has constantly pressured the Federal Reserve – the central bank of the US – to cut interest rates in a bid to boost economic growth across the US economy.
