Central Banks

Trump Tells Cabinet He Hopes Fed Will Lower Interest Rates

US President Donald Trump, center, speaks during a cabinet meeting at the White House on March 24.

Photographer: Samuel Corum/Sipa/Bloomberg

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President Donald Trump reiterated his call for the Federal Reserve to cut interest rates during a Cabinet meeting on Monday, as he continues to push the central bank on monetary policy.

“Generally, prices are coming down, and energy prices are coming down, and I hope the Fed lowers interest rates, and then you get to see interest rates coming down,” Trump said.