{
  "id": 7142742,
  "title": "Ahead of US Fed meeting, Trump says America should have world’s lowest interest rate",
  "url": "https://urgent.news/2026/09/13/ahead-of-us-fed-meeting-trump-says-america-should-have-worlds-lowest",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-13T17:55:51.000Z",
  "source": {
    "name": "South China Morning Post",
    "slug": "south-china-morning-post",
    "url": "https://www.scmp.com/news/world/africa/article/3367371/ahead-us-fed-meeting-trump-says-america-should-have-worlds-lowest-interest-rate"
  },
  "original_language": "en",
  "account": "Ahead of the upcoming Federal Reserve meeting, President Donald Trump asserted on Sunday that no nation should possess lower interest rates compared to the United States. At the Trump International Golf Links & Hotel in Doonbeg, County Clare, Trump expressed uncertainty about whether Fed policymakers would raise interest rates during their upcoming meeting, but insisted that the US should always offer the lowest interest rate globally regardless of inflation and economic data. This statement came just a week after the Labor Department's Consumer Price Index recorded its highest increase in four months, indicating heightened expectations for a rate hike. The Federal Reserve's governors are convening on the heels of the midterm elections, which will determine whether Republicans maintain their narrow majorities in both chambers of the US Congress. A potential rate increase might exacerbate voter concerns about cost-of-living issues, as indicated by recent Reuters/Ipsos polls. Trump's approval ratings have been declining alongside persistent inflation; his approval ratings have fallen as inflation has persisted. Trump has contended that the Fed's interest rate levels have benefited other countries to the detriment of the United States. \"I know more about formulas than anybody, and with the best credit in the world, we make other countries rich,\" Trump stated on Sunday. Although Trump, who has long criticized former Fed Chair Jerome Powell, has shown more support for Fed leadership since his own nominee for chairman, Kevin Warsh, assumed the role earlier this year, Trump has recently sharpened his demands. Two weeks ago, Trump tweeted, \"LOWER THE RATE OR I’LL STOP TRADING WITH COUNTRIES WITH WHICH WE HAVE A DEFICIT.\" National Economic Council Director Kevin Hassett confirmed Trump's stance, emphasizing that while Trump would defend Warsh's independence regardless of the Fed's actions on interest rates, he would likely be dissatisfied with a rate hike.",
  "summary": "No country should have lower interest rates than the United States, President Donald Trump said on Sunday, days before the Federal Reserve’s next policy meeting. Speaking to reporters at the Irish Open golf tournament at the Trump International Golf Links & Hotel in Doonbeg, County Clare, Trump said he did not know whether Fed policymakers will raise interest rates at their meeting this week. But…",
  "key_points": [
    "President Trump insists US should have world's lowest interest rates.",
    "Fed meeting approaching amid inflation concerns.",
    "Trump's approval ratings declining with persistent inflation."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}