On 4/9, the US Bureau of Labor Statistics released the nation's August employment data. Businesses created 162,000 new jobs, exceeding forecasts.

Following this information, President Donald Trump praised the figures on Truth Social, stating they were within his predictions. He continued to urge the US Federal Reserve (Fed) to lower interest rates, arguing that "the US currently has higher credibility." He explained, "a strong country means interest rates must be low. We should have the lowest interest rates in the world, as we once did."

The US president also addressed trade. He suggested that maintaining trade surpluses with the US had financially benefited many nations. Therefore, he called for: "Lower interest rates or I will stop trading with countries with which we have a deficit."

CNBC assessed this as an extreme move. The US currently has trade deficits with dozens of countries, including major trade partners.

This message also indicates that Trump is reviving his pressure campaign on the Fed. This effort had cooled since Kevin Warsh, whom Trump nominated to succeed Jerome Powell, was appointed to the position of Fed Chair.

Trump's post appeared as the US midterm elections are two months away. Citizens are increasingly dissatisfied with high inflation, especially following the Middle East conflict.

Trump has long expressed his desire for lower interest rates and frequently complained about US trade deficits with other nations. On 3/9, Vice President JD Vance also called for lower interest rates, suggesting this would be a suitable response to recent US inflation data.

However, last week, Warsh signaled that the Fed might soon consider raising interest rates to bring inflation back to the agency's 2% target. The Fed's policy meeting is scheduled for mid-September.

Ha Thu (according to Reuters, CNBC)