Trump: We will not have the Fed raising interest rates

Remarks by US president, Donald Trump, as he arrives in South Korea
Expects 4% GDP growth in the next quarter

Factories are booming in the US

Semiconductor manufacturing is rapidly returning to the US

We’ve secured commitments of over $18 trillion in new investments

Probably $21 or $22 trillion of investments will be coming to the US by the end of my second term

Well, he’ll be glad about recent developments at least as markets are also accepting the notion that the Fed has to cut sooner rather than later. And the central bank no doubt has to deliver now by year-end. Though by his books, he probably would want bigger rate cuts.