Trump says he will 'demand' interest rates drop, hinting at coming clash with Powell

January 23

Donald Trump hinted at a coming clash with Federal Reserve Chair Jerome Powell and other central bankers as he spoke virtually before the World Economic Forum, saying he would "demand" lower interest rates.

"With oil prices going down, I'll demand that interest rates drop immediately," he told the crowd of business leaders and politicians gathered in Davos, Switzerland, adding that "likewise they should be dropping all over the world."

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