President Donald Trump Advocates for the World’s Lowest Interest Rates
President Donald Trump discusses his decision-making for the next Federal Reserve chairman, tariff policy and more on ‘Kudlow.’
In a recent interview on FOX Business’ “Kudlow,” President Donald Trump emphasized the need for the U.S. to maintain the “lowest interest rates in the world.” He argued that reducing interest rates could significantly lower federal borrowing costs.
During the interview, Trump stated, “This country should have the lowest interest rates in the world,” while speaking with host Larry Kudlow. He highlighted how even minor adjustments in interest rates could have a substantial impact on government finances.
DOW CLOSES ABOVE 50,000 FOR FIRST TIME
President Trump sat down for a wide-reaching interview with Larry Kudlow on “Kudlow” Tuesday, touting his economic successes in his second term. (FOX Business / FOXBusiness)
Trump elaborated, stating, “Every point is $600 billion. All he has to do if we went down two points, we don’t have a deficit anymore.” This assertion underscores his belief that interest rate adjustments can dramatically reshape the federal budget.
Market Milestone
In discussing economic indicators, Trump pointed to the recent milestone of the Dow Jones Industrial Average surpassing 50,000, recalling how such a feat was once deemed miraculous. “I remember when I first won, they said if he gets the Dow up to 50,000 by the end of his fourth year, he will have done miracles,” he remarked. “And we’re at the end of the first year.”
He expressed optimism about the economy, stating, “We’ve had a very good run, and we want to keep it going.”
INSIDE THE TRUMP ADMINISTRATION’S AI ‘TECH FORCE’ DESIGNED TO MODERNIZE THE GOVERNMENT
President Donald Trump speaks with reporters before departing from the White House in Washington, D.C., Friday, en route to his Mar-a-Lago residence in Palm Beach, Fla. (Andrew Caballero-Reynolds/AFP via Getty Images / Getty Images)
Trump attributed the easing of costs to falling energy prices, noting he recently observed gas prices as low as $1.85 in Iowa. “That’s like a major tax cut,” he remarked.
During the interview, Trump challenged the notion that strong economic growth necessitates tighter monetary policy, arguing that inflation concerns can negatively impact market reactions. “We’re old enough to remember when the stock market, when there was good news, the market went up and was bad news, the market went down,” he said, suggesting that this dynamic has shifted.
NAVARRO SAYS TRUMP’S TARIFF BET DEFIED WALL STREET PANIC AS DOW SURGED PAST 50,000
President Donald Trump says 2026 will be a ‘great’ year for the country on ‘Kudlow.’
Trump expressed concern that markets have become overly sensitive to inflation, likening their reactions to golfers who “can’t sink a three-foot putt.” He emphasized the need to revert to a system where positive news leads to market gains.
Warsh Nomination
In discussing monetary policy, Trump praised Kevin Warsh, his nominee for the Federal Reserve, suggesting he would be a significant influence. “I think he’s somebody that’s going to be a real influencer,” Trump stated, asserting that Warsh aligns with his views on interest rates.
Trump reminisced about the U.S.’s historical low borrowing costs, stating, “Let’s go back again. Another 20, 25 years. We were always the lowest interest rate.” He lamented the current situation, claiming, “Now we’re like number 38 because we have had stupid people running our country.”
Switzerland Tariffs
Trump illustrated his perspective by recounting a trade dispute with Switzerland, highlighting the trade imbalance that existed. “We had a $42 billion deficit and we weren’t taking anything,” he noted, explaining his decision to impose tariffs on Swiss imports.
Initially, Trump set a 30% tariff, which later increased to 39% due to Swiss pushback. Ultimately, the U.S. agreed to lower tariffs on certain Swiss goods to 15% under a trade framework announced last year, as reported by Reuters.
President Donald Trump sits down with FOX Business host Larry Kudlow to discuss ongoing Federal Reserve renovations, scrutiny of Fed Chair Jerome Powell and more on ‘Kudlow.’
In a robust exchange with Kudlow, Trump criticized Federal Reserve Chair Jerome Powell, asserting that interest rates should be lower. “He’s so bad that, I mean, interest rates should have been cut. We should be two points lower,” he concluded.
Kudlow wrapped up the interview by thanking the president for his time.
President Donald Trump discusses his decision-making for the next Federal Reserve chairman, tariff policy and more on ‘Kudlow.’
In a recent interview on FOX Business’ “Kudlow,” President Donald Trump emphasized the need for the U.S. to maintain the “lowest interest rates in the world.” He argued that reducing interest rates could significantly lower federal borrowing costs.
During the interview, Trump stated, “This country should have the lowest interest rates in the world,” while speaking with host Larry Kudlow. He highlighted how even minor adjustments in interest rates could have a substantial impact on government finances.
DOW CLOSES ABOVE 50,000 FOR FIRST TIME
President Trump sat down for a wide-reaching interview with Larry Kudlow on “Kudlow” Tuesday, touting his economic successes in his second term. (FOX Business / FOXBusiness)
Trump elaborated, stating, “Every point is $600 billion. All he has to do if we went down two points, we don’t have a deficit anymore.” This assertion underscores his belief that interest rate adjustments can dramatically reshape the federal budget.
Market Milestone
In discussing economic indicators, Trump pointed to the recent milestone of the Dow Jones Industrial Average surpassing 50,000, recalling how such a feat was once deemed miraculous. “I remember when I first won, they said if he gets the Dow up to 50,000 by the end of his fourth year, he will have done miracles,” he remarked. “And we’re at the end of the first year.”
He expressed optimism about the economy, stating, “We’ve had a very good run, and we want to keep it going.”
INSIDE THE TRUMP ADMINISTRATION’S AI ‘TECH FORCE’ DESIGNED TO MODERNIZE THE GOVERNMENT
President Donald Trump speaks with reporters before departing from the White House in Washington, D.C., Friday, en route to his Mar-a-Lago residence in Palm Beach, Fla. (Andrew Caballero-Reynolds/AFP via Getty Images / Getty Images)
Trump attributed the easing of costs to falling energy prices, noting he recently observed gas prices as low as $1.85 in Iowa. “That’s like a major tax cut,” he remarked.
During the interview, Trump challenged the notion that strong economic growth necessitates tighter monetary policy, arguing that inflation concerns can negatively impact market reactions. “We’re old enough to remember when the stock market, when there was good news, the market went up and was bad news, the market went down,” he said, suggesting that this dynamic has shifted.
NAVARRO SAYS TRUMP’S TARIFF BET DEFIED WALL STREET PANIC AS DOW SURGED PAST 50,000
President Donald Trump says 2026 will be a ‘great’ year for the country on ‘Kudlow.’
Trump expressed concern that markets have become overly sensitive to inflation, likening their reactions to golfers who “can’t sink a three-foot putt.” He emphasized the need to revert to a system where positive news leads to market gains.
Warsh Nomination
In discussing monetary policy, Trump praised Kevin Warsh, his nominee for the Federal Reserve, suggesting he would be a significant influence. “I think he’s somebody that’s going to be a real influencer,” Trump stated, asserting that Warsh aligns with his views on interest rates.
Trump reminisced about the U.S.’s historical low borrowing costs, stating, “Let’s go back again. Another 20, 25 years. We were always the lowest interest rate.” He lamented the current situation, claiming, “Now we’re like number 38 because we have had stupid people running our country.”
Switzerland Tariffs
Trump illustrated his perspective by recounting a trade dispute with Switzerland, highlighting the trade imbalance that existed. “We had a $42 billion deficit and we weren’t taking anything,” he noted, explaining his decision to impose tariffs on Swiss imports.
Initially, Trump set a 30% tariff, which later increased to 39% due to Swiss pushback. Ultimately, the U.S. agreed to lower tariffs on certain Swiss goods to 15% under a trade framework announced last year, as reported by Reuters.
President Donald Trump sits down with FOX Business host Larry Kudlow to discuss ongoing Federal Reserve renovations, scrutiny of Fed Chair Jerome Powell and more on ‘Kudlow.’
In a robust exchange with Kudlow, Trump criticized Federal Reserve Chair Jerome Powell, asserting that interest rates should be lower. “He’s so bad that, I mean, interest rates should have been cut. We should be two points lower,” he concluded.
Kudlow wrapped up the interview by thanking the president for his time.
