Trump demanded that the Fed cut rates and threatened to halt trade
US President Donald Trump on Friday demanded that the Federal Reserve cut interest rates. He said that otherwise he would halt trade with countries with which the United States has a trade deficit.
Reaction to the employment report
As CNBC Top News reports, the president issued this demand in a post on the Truth Social platform. According to the outlet, the statement was a reaction to the monthly US employment report, which was significantly stronger than expected.
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Demand to the Fed
Trump addressed the Fed and its chair, Kevin Warsh, urging them to act wisely and cut rates. CNBC described the president's demand as a sweeping ultimatum.
This call combined a demand concerning rate policy with a threat regarding US trade relations with other countries. CNBC published the article on September 4, 2026, and labeled it as breaking news.
