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Trump says next Fed chair will believe in lower interest rates ‘by a lot’

Trump says next Fed chair will believe in lower interest rates ‘by a lot’

Trump says next Fed chair will believe in lower interest rates ‘by a lot’

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WASHINGTON, Dec 17 (Reuters) – U.S. President Donald Trump said on Wednesday the next chairman of the U.S. Federal Reserve will be someone who believes in lower interest rates “by a lot.”

During a national address, Trump said he will soon announce a successor to current Fed chair Jerome Powell.

(Reporting by Jasper Ward in Washington, Editing by Bhargav Acharya)

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