President Donald Trump called on the Federal Reserve to lower interest rates on September 4, 2026, after the August jobs report indicated stronger-than-expected job growth. The Bureau of Labor Statistics reported that U.S. employers added 162,000 jobs in August, significantly higher than the anticipated 53,000. Trump also warned that he would consider cutting off trade with several countries if the Federal Reserve does not respond to his request.
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Trump urges Federal Reserve to lower interest rates following strong jobs report
President Trump urged the Federal Reserve to reduce interest rates after a stronger-than-expected jobs report for August, which showed an addition of 162,000 jobs. He also threatened to cut off trade with several countries if the Fed does not comply.
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Trump threatens trade war if rates aren’t cut after strong jobs report
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Trump urges Federal Reserve to lower interest rates following strong jobs report