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Market Impact: 0.35
There’s a reason Trump is the only one talking about 1% rates
Source: The Globe and Mail
Monetary PolicyInterest Rates & Yields
President Donald Trump is demanding a 1% Federal Reserve policy rate, but analysts say such a low level would be impractical and could backfire. The commentary highlights risks to monetary-policy credibility and the broader economy from aggressive pressure for substantially lower interest rates.
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