STORY: :: Trump tells Davos he will demand lower interest rates

:: January 23, 2025

:: Washington, D.C.

"I'm also going to ask Saudi Arabia and OPEC to bring down the cost of oil. You got to bring it down, which frankly, I'm surprised they didn't do before the election. That didn't show a lot of love. // With oil prices going down, I'll demand that interest rates drop immediately. And likewise, they should be dropping all over the world."

The remarks were the first of Trump's four-day-old presidency to global business and political leaders at a time when markets are on edge over his plans for broad tariffs on imported goods.