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Trump Says U.S. Interest Rates Are Too High and Kevin Warsh Will Do What He Must Image: ๋กœ์ดํ„ฐ=์—ฐํ•ฉ
๐Ÿ‡ฐ๐Ÿ‡ท South Korea /Economy & Trade

Trump Says U.S. Interest Rates Are Too High and Kevin Warsh Will Do What He Must

From Chosun Ilbo · () Korean

Translated from Korean and summarized by DistantNews. Read the original for the full story.

At a glance

Newswire From a news agency Context piece
  • Donald Trump said U.S. interest rates are too high and again called for cuts.
  • Trump said he respected Federal Reserve Chair Kevin Warsh and believed Warsh would do what he needed to do.

Donald Trump renewed his pressure for lower U.S. interest rates, saying borrowing costs are too high.

Speaking to reporters in the Oval Office, Trump said he had great respect for Federal Reserve Chair Kevin Warsh. On monetary policy, he added, โ€œHe will do what he has to do.โ€

He will do what he has to do.

โ€” Donald TrumpTrump was discussing Federal Reserve Chair Kevin Warsh and interest-rate policy.
About this summary

Originally published by Chosun Ilbo in Korean. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.