Trump cheers strong August jobs report, presses Fed to cut rates
Trump celebrates 162,000 jobs added in August, with unemployment steady at 4.1%, and demands the Federal Reserve lower interest rates to fuel faster growth.
WASHINGTON D.C. — Donald J. Trump seized on a stronger-than-expected August jobs report to renew his campaign for lower interest rates, sharing an article on the milestone and its policy stakes.
The U.S. economy added 162,000 jobs in August, while unemployment held steady at 4.1%, according to justthenews. Trump used the figures to argue that the Federal Reserve should cut its benchmark rate, framing the country as a stronger borrower.
“Great jobs number just announced, breaking all estimates (except mine!) by double and triple – And you haven’t seen anything yet!” Trump posted, according to justthenews. He added, “Lower the interest rates because the U.S.A. is a much stronger credit than it was just a short time ago!”
Here is the full post on truthsocial: “Trump cheers strong jobs report, calls for lower interest rates: https://justthenews.com/politics-policy/trump-cheers-strong-jobs-report-calls-lower-interest-rates” on September 6, 2026 at 8:48 PM ET.
This is Trump’s 39th message released today, out of 40 total, and the last post was 18 minutes ago, and it is not part of a thread. On average, Trump produces 18 posts per day since his inauguration on January 20, 2025. The move fits a broader pattern in Trump’s recent messaging, with 37 of his 641 posts over the last 30 days classified as Economy posts.
Trump has long urged the Federal Reserve to lower interest rates, hoping to give a boost to the economy, according to justthenews. He was repeatedly critical of former Chairman Jerome Powell‘s unwillingness to do so, but has since installed Kevin Warsh as his replacement. Warsh has kept rates constant for two straight Fed meetings since his confirmation, according to justthenews.
President Donald J. Trump posed at WASHINGTON D.C.
© copyright Flickr with permission
The president tied his rate demand to trade policy in the same message. “Lower the rate or I’ll stop trading with countries with which we have a deficit, which the U.S. Supreme Court… strongly acknowledged “the president” has an absolute right to do. It’s better than tariffs!” he said, according to justthenews.
The upbeat headline number arrived alongside strain in financial markets. The gain of 162,000 jobs could contribute to inflationary pressures, and Trump disputed that link while speaking from the Oval Office, according to ABC News. “Success does not cause inflation. Stupidity causes inflation,” he said, calling it “crazy” that stock markets fell on inflation concerns, according to abcnews.
The report landed two months from Election Day, sharpening the political stakes for Trump and his party. The economy has grown at roughly 2% annually during his second term, and the national debt has crossed $40 trillion, according to Yahoo! Finance. The yield on the 10-year U.S. Treasury note rose to 4.79%, according to finance.yahoo. The president’s approval rating on the economy stood at 32% in the middle of the summer, down from 50% when Republicans last faced midterm voters in 2018, according to finance.yahoo.
Economists cautioned that a rate cut could backfire. “The administration’s credibility on growth, inflation, rates, debt and deficit dynamics have taken a hit given the outsized predictions that are not aligned with economic reality,” said Joe Brusuelas, chief economist at the consultancy RSM US, according to ABC News. A lower benchmark rate could push more money into the economy and make inflation worse, according to Yahoo! Finance.
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