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Home Market Research Markets

This Is What 1% Interest Rates Would Mean for Your Money

by TheAdviserMagazine
4 months ago
in Markets
Reading Time: 1 min read
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This Is What 1% Interest Rates Would Mean for Your Money
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President Donald Trump wants the Federal Reserve to slash interest rates to 1%, arguing it would make government borrowing cheaper and boost the economy. But rates that low haven’t been seen since the dot-com crash, the 2008 financial crisis, and the COVID-19 pandemic. They’re typically a crisis response, not a sign of economic strength. With unemployment at 4.1% and the economy growing around…



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