Trump calls for interest rate cut after jobs figures raise hike bets
The president's remarks came as stronger-than-expected jobs figures added to growing expectations that rates could be increased.
Donald Trump has called for interest rates to be cut later this month, claiming higher rates put the US at a "very unfair disadvantage".
The president's remarks came as stronger-than-expected jobs figures in the US added to growing expectations that rates could be increased, with inflation still running high and American households feeling the pinch of rising prices.
The number of roles added to the economy increased by 162,000 in August, almost triple the 56,000 forecast by analysts, driven by a boost in hospitality and education hiring.
"Even the most committed dove would struggle to find anything in the August employment report to justify keeping interest rates unchanged," said Stephen Brown, chief North America economist at Capital Economics.