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The elusive dream of rock-bottom US interest rates

Summary by Asia Times
Sometime in the next few months, President Donald Trump will appoint a successor to Jerome Powell, whose term as Federal Reserve Board chair expires next May. It’s tempting to think that a Trump-appointed chair will give farmers, ranchers and other business borrowers sharply lower interest rates. Tempting, but very possibly wrong. The president, to be […] The post The elusive dream of rock-bottom US interest rates appeared first on Asia Times.

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Asia Times broke the news in Hong Kong on Thursday, December 18, 2025.
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