Donald Trump says "12, 13, 14, 15 per cent" growth possible if Fed cuts rates
“12, 13, 14, 15 per cent”
Reported September 5, 2026 by livemint.com. Checked word for word against that report.
President Trump is again urging the Federal Reserve to lower interest rates, saying cheaper borrowing could allow the U.S. economy to grow at an extraordinary pace—possibly reaching annual growth rates in the low-to-mid teens. He spoke in the Oval Office after a jobs report showed 162,000 positions added last month and prior losses revised upward, evidence that many economists saw as a sign of labor-market strength. Trump rejected the idea that strong hiring drives inflation. Economists widely disagree, warning that rate cuts could reignite price increases already fueled by Trump’s tariffs and oil disruptions from the Iran conflict. The national debt has passed $40 trillion, and Treasury yields rose recently. Polls show Trump’s economic approval rating around 32 percent.
- livemint.com ↗︎05 SEP 2026