Trump reaffirms significant interest rate cuts

According to Bloomberg, former U.S. President and Republican presidential candidate Donald Trump reiterated that if he is re-elected on November 5th, he will significantly lower U.S. interest rates, but did not elaborate on any policy measures.

This statement was made in response to audience questions about housing affordability at a town hall event in Lancaster, Pennsylvania. Trump stated: "We are going to drastically reduce the interest rate to boost the economy and there's one more thing - the interest rate; you can't borrow money at all now."