Trump: Fed Chairman Powell must cut interest rates immediately.

On September 15, local time, US President Trump posted on his social platform "True Social" saying, "Mr. Too Late" Federal Reserve Chairman Powell must immediately lower interest rates, and the magnitude must be greater than he expected. Trump has previously asked Powell to lower interest rates several times. The US unemployment rate rose to 4.3% in August, reaching a new high in nearly four years. The deteriorating employment data strengthened market expectations for a rate cut by the Federal Reserve. Analysts expect the Fed to start a new round of rate cuts in September. On the 4th, Trump told reporters that he expects the Fed to announce a "substantial rate cut" at this week's meeting. If true, this would be the first rate cut by the Fed since December of last year. The Federal Reserve will hold a monetary policy meeting on September 16 and 17, and the market generally expects the Fed to start a new round of rate cuts at that time.