"... Just in case he hadn't already made his position re: interest rates clear to the FOMC, President Trump apparently wanted to make sure policy makers know their place shortly after their two-day meeting began on Tuesday.
After calling for QE4 and rate cuts earlier this month, Trump is now calling on the central bank to slash interest rates by a full percentage point, which would bring the Fed funds target rate back to 1.25%-1.5%, a level it hasn't seen in more than a year..."
https://www.zerohedge.com/news/2019-04-30/trump-demands-fed-slash-rates-1-fomc-meeting-begins
Speechless.
Might as well repeal the Constitution while we're at it.
After calling for QE4 and rate cuts earlier this month, Trump is now calling on the central bank to slash interest rates by a full percentage point, which would bring the Fed funds target rate back to 1.25%-1.5%, a level it hasn't seen in more than a year..."
https://www.zerohedge.com/news/2019-04-30/trump-demands-fed-slash-rates-1-fomc-meeting-begins
Speechless.
Might as well repeal the Constitution while we're at it.
