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Fri, 04 Sep 2026

Fri, 04 Sep 2026 Trump calls for interest rate cut after jobs figures raise hike bets

The president's remarks came as stronger-than-expected jobs figures added to growing expectations that rates could be increased.

* US jobs numbers beat expectations with 162,000 new roles added in August
* Inflation remains above Fed's 2% target at 3.4%
* Next interest rate decision on September 15-16
* Stronger-than-expected jobs figures fuel growing expectations of a rate hike
* Almost 60% of traders betting on an interest rate hike in September
* US stock market indexes trading down after stronger jobs figures
* President Trump calls for interest rates to be cut, saying high rates put the US at a "very unfair disadvantage"
* Trump says the US should have the lowest interest rate of any country in the world