00:00It's Benzinga, bringing Wall Street to Main Street.
00:02President Trump said there is no reason for the Federal Reserve to raise interest rates,
00:07pushing back against economists and analysts who suggested a rate hike could follow a stronger
00:11than expected May jobs report. Speaking on NBC's Meet the Press, Trump told host Kristen Welker
00:18that countries doing well should not be penalized with higher rates.
00:22The Labor Department reported employers added 172,000 jobs in May,
00:26with previous months revised upward. Trump also praised new Fed chair Kevin Walsh,
00:31saying he wants Walsh to act independently. According to Politico, Trump ended the interview
00:36abruptly when Welker asked him to provide evidence of voter fraud he alleged was occurring in
00:40California's primary vote counting. For all things money, visit Benzinga.com.
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