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Donald Trump: “Every point [of interest rate] is worth $365 billion.”

Featuring: Donald Trump, Republican | President of the United States | National

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Donald Trump and Tim Scott Discuss Interest Rates and Construction Projects

Published | Video Starts at 01:41

It's incredible, the deal. And they're happy, we're happy, everybody is happy. But we should have the lowest interest rate of any country, and we don't. We should have. Every point [of interest rate] is worth $365 billion. So we want to get the rates down, but we also want to get the Fed building finished. So I met with the contractors, we toured it with the chairman, and we had a very good tour. (01:41–01:46)

CLAIM

Asserts that each percentage point change in interest rates is worth $365 billion.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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