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VP Vance Says Fed Should Lower Interest Rates

Summary by CNBC
CNBC's Eamon Javers reports on news regarding the Federal Reserve.

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Following US Vice President James David Vance's call for the Fed to cut interest rates, attention has turned to the critical meeting on September 16th. While the Trump administration wants interest rates lowered, recent messages from the Fed are moving in a different direction. Chairman Warsh stated that the environment is not suitable for a rate cut.

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With the average interest rate on 30-year fixed-rate U.S. mortgages rising to its highest level in 13 months, U.S. Vice President J.D. Vance [addressed] the Federal Reserve (Fe.

“The Federal Reserve should lower interest rates to make housing more affordable,” US Vice President JD Vance said on Thursday, according to CNBC.

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CNBC broke the news in Englewood Cliffs, United States on Thursday, September 3, 2026.
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