Trump says Fed should cut rates by at least 1% ‘with perhaps some quantitative easing’

CNBC/Jeff Cox/8-19-2019

photo of President Trump signing executive order“President Donald Trump raised his demands Monday on the Federal Reserve, calling for the central bank to cut interest rates by a full percentage point and to restart its crisis-era money-printing program.”

USAGOLD note:  There is no question where the president stands. The obvious question though is “Where does the Fed stand in all of this?”  We may not see it all at once, but we might see it in pieces – including a new round of quantitative easing.

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