Wall Street analysts have dismissed Donald Trump’s call for a 1% Fed rate as “ludicrous,” warning such a move could fuel inflation and destabilize markets, with experts predicting the Fed will take a more measured approach to rate cuts.
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Wall Street Calls Trump’s Demand for 1% Fed Rate “Ludicrous”
Wall Street analysts have dismissed Donald Trump’s call for a 1% Fed rate as “ludicrous,” warning such a move could fuel inflation and destabilize markets, with experts predicting the Fed will take a more measured approach to rate cuts.