… have to hike rates at a time the president's obviously pushing quite hard on them to do the opposite. So this is what the President talks about, he talks about If inflation is below 3%, right, it's running 2.7% and we're growing. Why do rates have to be high? Why is this, that if we're winning, the Fed should make us losers, and if we're losing, then the Fed should be winner? That's, you know what that is? (11:11–11:21)
CLAIM
Asserts that with inflation at 2.7%, interest rates do not need to be high.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
