
President Donald Trump took aim at the Federal Reserve and other global financial institutions in his virtual comments Thursday to the World Economic Forum in Davos, Switzerland, calling for immediate cuts to interest rates from the more cautious Fed and international central banks.
"I'll demand that interest rates drop immediately. And likewise, they should be dropping all over the world," Trump said via video to attendees just three days after taking office for his second term. "I'm also going to ask Saudi Arabia and OPEC to bring down the cost of oil."