Trump Pushes for Big Rate Cuts: Wants U.S. Interest Rates Down to 1-2%

In a bold move that’s sparking debate across the financial world, former U.S. President Donald Trump has called for a significant reduction in U.S. interest rates. Trump suggested that the Federal Reserve should bring rates down to a range between 1% and 2%, stressing that higher interest payments on long-term debt—especially 10-year notes—are unsustainable.

“I don’t want to pay high rates on our debt,” Trump said, pointing to the growing burden of federal borrowing costs.

His comments come amid growing concerns about inflation, national debt, and the Fed's cautious approach to rate cuts. If adopted, such a drastic cut could stimulate borrowing and investment—but might also risk reigniting inflationary pressures.

Whether Trump’s call will influence policy is yet to be seen, but one thing’s certain: the economic debate just got a lot hotter.

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