🇺🇸 Trump calls on the Federal Reserve for a sharp cut in interest rates
President Trump urges the Federal Reserve to lower interest rates by 3 to 4 percentage points, targeting a benchmark interest rate of 1%. This bold move confirms his belief that lowering interest rates can boost growth and markets.
Importance of the matter:
This radical cut would be unprecedented in the current cycle.
It could inject massive liquidity, stimulating the stock, housing, and commercial lending markets.
Markets are closely watching: Will the Federal Reserve respond to political pressures or stick to its mandates on inflation and employment?
While the Federal Reserve has traditionally maintained its independence, such prominent calls could change investor expectations and positions.
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