What if the Fed cut rates to just 1% like Trump wants? An analyst says it's 'ludicrous' and may scare businesses - Fortune
July 19, 2025 Fortune

What if the Fed cut rates to just 1% like Trump wants? An analyst says it's 'ludicrous' and may scare businesses - Fortune

Amid the White Houses unrelenting pressure campaign on Federal Reserve Chairman Jerome Powell, President Donald Trump has not only demanded that the central bank to cut rates but to lower them all th…