Nick Timiraos, the "Federal Reserve mouthpiece": On Friday night, Trump said he would like to see a nominal federal funds rate between 1% and 2%. Assuming inflation is 2% (a generous assumption), that would produce a real interest rate of -1% to 0%.
2025-06-24
Nick Timiraos, the "Federal Reserve mouthpiece": On Friday night, Trump said he would like to see a nominal federal funds rate between 1% and 2%. Assuming inflation is 2% (a generous assumption), that would produce a real interest rate of -1% to 0%.