Trump: Borrowing costs should be significantly reduced; if inflation returns, just raise interest rates to respond
Trump stated that borrowing costs should be significantly reduced, and if the Federal Reserve waits until it's too late to cut interest rates, it will affect the financing costs of maturing debt. He criticized the Biden administration for primarily relying on short-term debt operations and pointed out that inflation is no longer present; if it reappears, it can simply be addressed by restarting interest rate hikes
Trump: If the Federal Reserve insists on waiting until "it's too late" to cut interest rates, we could have significantly reduced the long-term and short-term financing costs of maturing debt. The Biden administration, however, mainly relies on short-term debt operations. (Currently) inflation has essentially disappeared, but if it were to reignite, we only need to restart "interest rate hikes" to contain it—such an obvious principle!! Borrowing costs should be significantly reduced.
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