President Donald Trump lobbed his first volley at the Federal Reserve, saying Thursday that he will apply pressure to bring down interest rates.
Speaking to an assembly of global leaders at the World Economic Forum in Davos, the new president in a wide-ranging policy speech did not mention the Fed by name but made clear he would seek lower rates.
“I’ll demand that interest rates drop immediately,” Trump said. “And likewise, they should be dropping all over the world. Interest rates should follow us all over.”