off-the-wire

Trump says support for interest rate cuts is key test for Fed chair nominee

Kitco Media
By Reuters
Published:
Updated:
Reuters
Trump says support for interest rate cuts is key test for Fed chair nominee teaser image

WASHINGTON, Dec 9 (Reuters) - U.S. President Donald Trump said support for immediately cutting interest rates would be a requirement for anyone he chose to lead the Federal Reserve, according to a Politico interview published on Tuesday.

Asked if it was a litmus test that the new central bank chair immediately lower interest rates, Trump told the news outlet "yes".

Reporting by Susan Heavey; Editing by Andrew Heavens

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