Donald Trump's recent rhetoric regarding 1% interest rates has drawn scrutiny. According to a White House ally who liaises with Warsh, such a target is considered unrealistic when accounting for the operational mechanics of global bond markets, as reported by Reuters.
International
The reality behind Trump's 1% interest rate proposal
Experts suggest that Trump's call for 1% interest rates is unrealistic given the current state of global bond markets.
Source: The Business Standard