Analysis-There’s a reason Trump is the only one talking about 1% rates

There's a reason Trump is the only one talking about 1% interest rates

President Donald Trump is calling for the Federal Reserve to slash interest rates to 1%, a move that analysts fear could destabilize global markets. With mortgage rates and the prices of essential goods surging, the administration is under fire for rising inflation as midterm elections draw near. Some allies are backing Fed Chair Kevin Warsh despite Trump's demands, while polls show economic concerns are pivotal for voters this election cycle.

Analysis-There’s a reason Trump is the only one talking about 1% rates

By Howard Schneider and Jacob Bogage WASHINGTON, Sept 23 (Reuters) - As a lifelong real estate investor whose businesses relied on debt and interest rates, President Donald Trump might be expected to know better: The 1% rate he keeps demanding from the...

There’s a reason Trump is the only one talking about 1% interest rates

Some administration allies said to have privately praised Warsh after Fed rate hike

Trump demands 1% interest rates, analysts warn of economic fallout

Trump's demand for lower rates risks undermining Fed's inflation control efforts, potentially destabilizing markets and spiking borrowing costs.

There's a reason Trump is the only one talking about 1% rates

WASHINGTON, Sept 23 (Reuters) - As a lifelong real estate investor whose businesses relied on debt and interest rates, President Donald Trump might be expected to know better: The 1% rate he keeps demanding from the US Federal Reserve is ​impractical and would likely backfire, according to analysts.A policy rate slashed that low, from its current range of 3.75% to 4%, would likely touch off massive dislocation in the global ‌financial system and…