Explainer: Why Trump's push for a 1% Fed policy rate could spell trouble for US economy

• click to rate

  Posted by Two Blokes Jul 14 - Filed in General - #TwoBlokesTrading  - 3 views
  
  U.S. President Donald Trump says the Federal Reserve should set its benchmark interest rate at 1% to lower government borrowing costs, allowing the administration to finance the high and rising deficits expected from his spending and tax-cut bill.