NOTE: Donald Trump’s plan is to have the Fed force down rates artificially.
It is one of the places where I disagree with Donald Trump.
I think the honest method, year after year of sound fiscal policy, is the only true way to lower rates. Anything that is done now artificially will just be undone later on.
The Fed has been forcing rates down for a very long time.
They have just now finally let the free market come up for some air.
It’s good went rate go down naturally for good reasons: a strong economy, a small deficit etc.
Fed forcing them down? That should be for emergencies only and this ain’t one of them.
