President Trump has renewed pressure on the Federal Reserve to cut interest rates sharply, warning that he could take action against countries with which the United States runs large trade deficits.
The comments highlight Trump’s push for lower borrowing costs while also using trade policy as leverage against countries he believes benefit unfairly from commerce with the U.S.
With the Federal Reserve focused on inflation and economic data, Trump’s demand for lower rates could further fuel concerns over political pressure on the central bank
