Free Trial

US: Trump: I'll "Demand" Lower Interest Rates Alongside Oil Prices

US

 Trump on interest rates: "With oil prices going down I'll demand that interest rates drop immediately, and likewise they should be dropping all over the world. Interest rates should follow us."

  • His exact meaning is a little unclear - he's said previously that supply-side improvements and lower oil prices would help bring down inflation and allow interest rates to fall, but this is a more forceful way of putting it.

     

69 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

 Trump on interest rates: "With oil prices going down I'll demand that interest rates drop immediately, and likewise they should be dropping all over the world. Interest rates should follow us."

  • His exact meaning is a little unclear - he's said previously that supply-side improvements and lower oil prices would help bring down inflation and allow interest rates to fall, but this is a more forceful way of putting it.