interest rates: The Dollar is very strong against other currencies and there is almost no inflation, according to CNN. This is the time to do it. Would be sooo great if the Fed would further lower interest rates and quantitative ease, Trump tweeted on Tuesday, less than a week after the US central bank signaled it would be hitting the pause button on any more rate cuts going forward. Exports would zoom! The President campaigned on promises of 3% growth, and is presiding over somewhat less than that, with a final report issued Friday showing respectable 2.1% growth for the third quarter. CNN Poll US economy receives its best ranking in nearly 20 years That's in part thanks to the Fed's success in keeping the US economy running smoothly over the last year, with unemployment hovering near 50-year record lows and the stock market hitting record highs. But the economy is getting rave reviews, with 76% of respondents in a new CNN poll conducted by SSRS rating economic conditions in the US today as very or somewhat good, significantly more than those who said so at this time last year 67% . This is the highest share to say the economy is good since February 2001, when 80% said so.
(news.financializer.com). As
reported in the news.
Tagged under interest rates, rate cuts topics.