“What level of interest rates is required to incentivize you to risk the death of yourself and your family?
It seems an emergency rate-cut of 50bps has done more to damage confidence that rebuild it… ‘what do they know?'”
“President Trump is demanding more though…”
“The Federal Reserve is cutting but must further ease and, most importantly, come into line with other countries/competitors. We are not playing on a level field. Not fair to USA. It is finally time for the Federal Reserve to LEAD. More easing and cutting!“