🚨 **BREAKING NEWS:-
PRESIDENT TRUMP ON INTEREST RATES** 🇺🇸
President Donald Trump has reiterated his strong stance on monetary policy, stating that he believes interest rates should be **1% or even lower** by 2026.
In a recent interview, when asked about his preferred interest rate level for a year from now, the President stated: **"1% and maybe lower than that."**
This aggressive target is significantly below the current Federal Reserve benchmark rate (currently in the 3.50%-3.75% range after the latest cut) and the Fed's own projections, which forecast the median rate to be in the 3.25%-3.5% range by the end of 2026.
### **Key Takeaways from the White House:**
* **The Goal:** The President argues that substantially lower rates are needed to **"jump-start the economy"** and ensure Americans have "better terms" for borrowing as the administration addresses affordability issues.
* **Fed Chair Nominee:** President Trump, whose term is expected to include the nomination of a new Federal Reserve Chair in May, has indicated he is prioritizing candidates who support interest rate cuts.
* **Economic Debate:** The President's call contrasts with some Federal Reserve officials and economists who worry that cutting rates too quickly, especially while inflation remains elevated above the 2% target, could pose an inflation risk.
---
**What does this mean for the economy?**
A rate as low as 1% is typically seen during times of economic crisis or extreme recession. President Trump's demand highlights a major ongoing tension between the White House and the Federal Reserve over the direction of U.S. monetary policy.
#FederalReserve #BreakingNews #USPolitics $BTC
