Trump demands Fed cut rates after strong August jobs report
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Trump demands Fed cut rates after strong August jobs report

Trump touts 162,000 jobs added in August and pressures the Federal Reserve Board and its new chairman to lower interest rates or face a trade cutoff with deficit nations.

Richard Miniter
By
First Published: September 4, 2026, 9:50 AM ET

WASHINGTON D.C. — Donald J. Trump demanded that the Federal Reserve Board slash interest rates, pointing to a strong August employment report as proof the U.S. economy warrants cheaper credit.