Trump:
- The Fed has to cut rates
- US is doing well even without rate cuts
- With rate cuts, the US will be doing better
- Each 1% is $360B in savings
- Rates should be down 300 points
- He leaves fairly soon. I will miss him greatly (/S)
Of course cutting rates does not guarantee lower rates where the Pres. wants to see lower rates unless the Treasury borrowed all in the short-term.
The FOMC meets on Wednesday and are largely expected to keep rates unchanged.
