VINnews · Sep 4, 2026
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*Trump Presses Fed for Rate Cuts After Jobs Beat* President Trump responded to the August jobs report by calling on the Federal Reserve to lower interest rates. The report showed employers added 162000 jobs, a figure that surpassed most forecasts. Trump argued that a stronger United States economy and credit standing now justify cheaper borrowing costs comparable to those seen in earlier decades. He warned that if the central bank refuses to cut rates he would halt trade with nations that run surpluses against the United States. Trump described high rates as placing the country at an unfair disadvantage and instructed the Fed to act smarter and more patriotically. The comments add to existing debate over the proper boundary between presidential influence and Federal Reserve independence.
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