The White House Wants The Fed To Cut Interest Rates

Credit: Wochit Business
Published on May 3, 2019 - Duration: 00:38s

The White House Wants The Fed To Cut Interest Rates

According to Business Insider, Top White House brass, including President Donald Trump and Vice President Mike Pence, have recently called for the Fed to cut interest rates.

While the economy maybe roaring, and the unemployment rate maybe down to 3.6%, it’s lowest since December 1969, Wall Street doesn’t think it’s a good idea to cut interest rates.

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The White House Wants The Fed To Cut Interest Rates

FEB.

5, 2018, FILE PHOTO

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