President Donald Trump expressed support for Federal Reserve Chair Kevin Warsh, reiterating that the United States should have the lowest interest rates in the world. He questioned the motives of some Fed board members who refuse to ease monetary policy. Trump accused certain Fed officials of having hidden agendas and said rates should be cut to allow the economy to grow at 8% to 12% per year. The Fed's current policy rate stands at a range of 3.50% to 3.75%, higher than the European Central Bank's 2.25% and the Bank of Japan's 1%. The remarks came ahead of the Fed's rate-setting meeting on July 29, where investors expect the central bank to hold rates steady, with a one-in-three chance of a 0.25% hike this year.