Trump: The Federal Reserve Pausing Rates for the Rest of the Year Is Better than Raising Them

EXCERPT:

TRUMP: “Well, it’s better than raising them, OK? I mean, I’d like to see them go down. I’d like to see our country have the lowest rate anywhere in the world. You know, you have other countries that are only there because of us, that are only successful, you know, they call it blue chips. I don’t have to mention them. You sort of know who I’m talking about. They’re like blue chips. But they have massive purchases from us and we have deficits with them. And, you know, the tariffs have brought that back a long way. Our trade deficit is down 68 percent, when you think of that. If you’re a president and you got it down one percent, you’re a genius. We have it down 68 percent. That’s because of the use of tariffs, and I wish I could use them faster. The Supreme Court said you can’t use them as fast as I was using, but I can use them actually more effectively by the method we’re doing, because there are various methods of doing it.”