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

SHARE NOW

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)

Brought to you by www.srnnews.com