Wall Street Pushes Back At WH Campaign To Get Fed To Cut Interest Rates

Credit: Wochit Business
Published on May 3, 2019 - Duration: 00:40s

Wall Street Pushes Back At WH Campaign To Get Fed To Cut Interest Rates

President Donald Trump and Vice President Mike Pence have recently called for the Federal Reserve to cut interest rates.

Last week, the Commerce Department said gross domestic product grew at an annualized rate of 3.2% in the first quarter.

The economy is roaring.

This is exactly the time not only to not raise interest rates, but we ought to consider cutting them.

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Wall Street Pushes Back At WH Campaign To Get Fed To Cut Interest Rates

A MAY 17, 2018, FILE PHOTO FEB.

5, 2018, FILE PHOTO OCT.

18, 2006 FILE PHOTO

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