Ideally uou only cut interest rates to encourage lending when the economy is slowing and you raise them to curve inflation when the economy is heating up.
The economy has been booming, but they are cutting interest rates when we are at historic lows. This is not good.
Ideally uou only cut interest rates to encourage lending when the economy is slowing and you raise them to curve inflation when the economy is heating up.
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Economic growth does not cause inflation.
Ideally, the market should determine interest rates.
The reason Trump wants to cut interest rates is to lower the value of the dollar.
US economy is fine but overseas they’re slowing fast.
There’s huge debt in europe and elsewhere payable in dollars. A high dollar will make them go bust. Their collapse would spread to the USA.