US President Donald Trump says rate cuts would solve US debt

FXStreetFeb 10, 2026 10:34 PM

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In a pre-taped interview with Fox Business, US President Donald Trump made a variety of statements, including his belief that a two-percentage-point drop in interest rates would wipe out the US national deficit.

Key Trump quotes

I think 2026 is going to be great.
Stock market gains are good.
We've had a very good run. I want to keep it going.
The stock market should go up on good news.
I think Warsh agrees with what I'm saying. He will be a real influencer.
The US should have the lowest interest rates in the world.
We should be 2 interest rate points lower right now.
Interest rates should be lower.
Every point is $600 billion.
If we went down two points, we don't have a deficit anymore... and that's without cutting.
Employment numbers remain good after government job cuts.
Iran wants to make a deal. It would be foolish if they didn't.

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