Trump has a point, up to a point

Economics Reports

The Week Ahead

Trump has a point, up to a point

The President’s continued hectoring of his central bank head doesn’t look likely to let up anytime soon. His suggestion that US interest rates should be among the world’s lowest doesn’t have any meaningful support among economists, or for that matter, in fed funds futures pricing by market participants. Economies with rates at rock bottom levels are typically those suffering a decided economic malaise, so the President should be careful about what he wishes for. But Trump does have a point, sort of.

Read more in the detailed report below.

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