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Ahead of Fed meeting, Trump says US should have world's lowest interest rate

  • Speaking at the Irish Open, Trump said no country should have lower interest rates than the U.S. and that America should pay the world's lowest rate.
  • He warned he might stop trading with countries where the U.S. runs a deficit if rates don't align, reiterating the threat on social media.
  • The Fed meets this week and, after a recent CPI uptick, is widely expected to raise rates — a politically sensitive move ahead of the midterms.
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