https://www.politico.com/news/2019/10/30/federal-reserve-powell-economy-062539
The Fed recently ct interest rates again and say they have no intentions of doing it again. Trump has called for interest rates to go to zero so that the economy will experience a boost going into reelection. Powell claimed that a new trade deal with China will certainly help the economy speed back up, which would be good for Trump. But for the moment it appears as if the rates will be in a pause until some more information comes out on future expectations. Do you think we should push interest rates to zero? I think that it would be a wildly aggressive move and it would only force a recession sooner rather than later.
Trump believes that we should have interest close to zero--or even negative due to an overall weak global economy. The Fed's job is the monitor and control the U.S. domestic economy. Most macroeconomic factors such as real gdp, inflation, and unemployment rate, show that we are in a good place right now. Interest rates should remain at their current level, because lowering them can lead to higher inflation which is against the goals of the Fed.
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